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Mao Robert Yu Lang's Form 4 filing

Energy Recovery, Inc. (ERII) · filed May 24, 2024

Accession no.
0001421517-24-000104
Filed
May 24, 2024
Trade date
May 22-23, 2024
Filing delay
2 days
Rule 10b5-1 plan
Not checked

This filing lists 5 non-derivative transactions and 4 derivative transactions. Open-market sales total $291.7K. 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
May 22, 2024Common StockMOption exerciseAcquired+21,859$7.79+$170,281.61251,936Direct
May 22, 2024Common StockMOption exerciseAcquired+5,208$7.79+$40,570.32257,144Direct
May 22, 2024Common StockSSaleDisposed−21,045$13.86F1−$291,683.7236,099Direct
May 23, 2024Common StockMOption exerciseAcquired+10,752$7.79+$83,758.08246,851Direct
May 23, 2024Common StockMOption exerciseAcquired+2,084$7.79+$16,234.36248,935Direct

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
May 22, 2024Common StockMOption exerciseDisposed−21,859$7.79−$170,281.6110,752Direct
May 22, 2024Common StockMOption exerciseDisposed−5,208$7.79−$40,570.322,084Direct
May 23, 2024Common StockMOption exerciseDisposed−10,752$7.79−$83,758.080Direct
May 23, 2024Common StockMOption exerciseDisposed−2,084$7.79−$16,234.360Direct

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 $13.81 to $13.95 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)