Mao Robert Yu Lang's Form 4 filing
Energy Recovery, Inc. (ERII) · filed Mar 4, 2024
- Accession no.
- 0001421517-24-000063
- Filed
- Mar 4, 2024
- Trade date
- Feb 29-Mar 1, 2024
- Filing delay
- 4 days
- Rule 10b5-1 plan
- Not checked
This filing lists 6 non-derivative transactions and 3 derivative transactions. Open-market sales total $1.23M. It was filed 4 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 |
|---|---|
| Mao Robert Yu LangCIK 0001232218 | Director |
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 |
|---|---|---|---|---|---|---|---|---|
| Feb 29, 2024 | Common Stock | MOption exerciseAcquired | +39,314 | $3.53 | +$138,778.42 | 215,426 | Direct | |
| Feb 29, 2024 | Common Stock | SSaleDisposed | −39,314 | $15.58F1 | −$612,512.12 | 176,112 | Direct | |
| Mar 1, 2024 | Common Stock | MOption exerciseAcquired | +5,142 | $3.53 | +$18,151.26 | 181,254 | Direct | |
| Mar 1, 2024 | Common Stock | MOption exerciseAcquired | +32,883 | $2.92 | +$96,018.36 | 214,137 | Direct | |
| Mar 1, 2024 | Common Stock | SSaleDisposed | −5,142 | $16.22F2 | −$83,403.24 | 208,995 | Direct | |
| Mar 1, 2024 | Common Stock | SSaleDisposed | −32,883 | $16.21F2 | −$533,033.43 | 176,112 | 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 |
|---|---|---|---|---|---|---|---|---|
| Feb 29, 2024 | Common Stock | MOption exerciseDisposed | −39,314 | $0.00 | $0 | 5,142 | Direct | |
| Mar 1, 2024 | Common Stock | MOption exerciseDisposed | −5,142 | $0.00 | $0 | 0 | Direct | |
| Mar 1, 2024 | Common Stock | MOption exerciseDisposed | −32,883 | $0.00 | $0 | 20,509 | 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 $15.435 to $15.76 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.
- F2
This figure is the weighted average sales price of multiple trades ranging from $15.96 to $16.58 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 2 transactions in Table I.
Remarks
Exhibit 24