Ghasripoor Farshad's Form 4 filing
Energy Recovery, Inc. (ERII) · filed Aug 31, 2023
- Accession no.
- 0001421517-23-000155
- Filed
- Aug 31, 2023
- Trade date
- Aug 29, 2023
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not checked
This filing lists 3 non-derivative transactions and 2 derivative transactions. Open-market sales total $1.43M. It was filed 2 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Ghasripoor FarshadCIK 0001723522 | Officer (Chief Technology Officer) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Aug 29, 2023 | Common Stock | MOption exerciseAcquired | +15,331 | $7.50 | +$114,982.5 | 97,143 | Direct | |
| Aug 29, 2023 | Common Stock | MOption exerciseAcquired | +35,800 | $7.60 | +$272,080 | 132,943 | Direct | |
| Aug 29, 2023 | Common Stock | SSaleDisposed | −51,131 | $27.92F1 | −$1,427,577.52 | 81,812 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Aug 29, 2023 | Common Stock | MOption exerciseDisposed | −15,331 | $7.50 | −$114,982.5 | 0 | Direct | |
| Aug 29, 2023 | Common Stock | MOption exerciseDisposed | −35,800 | $7.60 | −$272,080 | 0 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
This figure is the weighted average sales price of multiple trades ranging from $27.870 to $28.020 per share. The reporting person undertakes to provide the SEC Staff, Energy Recovery, Inc. or a shareholder of Energy Recovery, Inc. full information about the number of shares sold at each separate price upon request.
Referenced by the price of 1 transaction in Table I.
Remarks
Exhibit 24