SEC Form 4 · accession 0001421517-18-000060
Energy Recovery, Inc. · ERII
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Farshad Ghasripoor
Officer — Chief Technology Officer
Period of report
Mar 21, 2018
Accepted (ET)
Mar 23, 2018 · 7:54 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001421517
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2,F3 | Mar 21, 2018 | F | 247 | $7.55 | D | 46,252 | D | |
| Common StockF4,F5 | Mar 21, 2018 | A | 11,572 | $0.00 | A | 57,824 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents RSU vestings from February 1, 2018 through March 21, 2018.
- F2Payment of tax obligation by withholding securities incident to the vesting of securities in accordance with Rule 16b-3(e).
- F3Represents the weighted average stock price of the shares withheld for each restricted stock unit award vesting.
- F4Each restricted stock unit represents the right to receive, at settlement, one (1) share of common stock.
- F5This restricted stock unit award was granted March 21, 2018 and vests 100% on September 21, 2019.