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Mao Robert Yu Lang's Form 4 filing

Energy Recovery, Inc. (ERII) · filed Mar 6, 2024

Accession no.
0001421517-24-000065
Filed
Mar 6, 2024
Trade date
Mar 4, 2024
Filing delay
2 days
Rule 10b5-1 plan
Not checked

This filing lists 7 non-derivative transactions and 5 derivative transactions. Open-market sales total $563.2K. 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.

Reporting owners on this filing
OwnerRelationship to the company
Mao Robert Yu LangCIK 0001232218Director

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Mar 4, 2024Common StockMOption exerciseAcquired+20,509$2.92+$59,886.28196,621Direct
Mar 4, 2024Common StockSSaleDisposed−20,509$15.74F1−$322,811.66176,112Direct
Mar 4, 2024Common StockMOption exerciseAcquired+15,327$8.60+$131,812.2191,439Direct
Mar 4, 2024Common StockSSaleDisposed−15,270$15.74F2−$240,349.8176,169Direct
Mar 4, 2024Common StockMOption exerciseAcquired+16,726$7.71+$128,957.46192,895Direct
Mar 4, 2024Common StockMOption exerciseAcquired+15,879$8.49+$134,812.71208,774Direct
Mar 4, 2024Common StockMOption exerciseAcquired+21,303$9.98+$212,603.94230,077Direct

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.

Derivative transactions
Trade dateSecurityTransactionUnderlying sharesUnit priceValueHeld afterOwnershipFlags
Mar 4, 2024Common StockMOption exerciseDisposed−20,509$0.00$00Direct
Mar 4, 2024Common StockMOption exerciseDisposed−16,726$0.00$00Direct
Mar 4, 2024Common StockMOption exerciseDisposed−15,879$0.00$00Direct
Mar 4, 2024Common StockMOption exerciseDisposed−21,303$0.00$00Direct
Mar 4, 2024Common StockMOption exerciseDisposed−15,327$0.00$00Direct

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 $15.39 to $16.02 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 $15.385 to $16.03 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

Read the full filing on SEC EDGAR (opens in a new tab)