SEC Form 4 · accession 0001421517-18-000126
Energy Recovery, Inc. · ERII
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Hans Peter Michelet
Director
Period of report
Jun 19, 2018
Accepted (ET)
Jun 21, 2018 · 9:17 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 Stock | Jun 19, 2018 | M | 36,152 | $2.92 | A | 36,152 | D | |
| Common StockF1 | Jun 19, 2018 | S | 36,152 | $8.1207 | D | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F2 | $2.92 | Jun 19, 2018 | M | 36,152 | D | — | Jun 23, 2025 | Common Stock | 36,152 | 359,624 | D |
Explanation of responses
- F1The figure is the weighted average sales price of multiple trades ranging from $8.000 to $8.210 per share. The reporting person undertakes to provide to the SEC, ERI, or a shareholder of ERI, full information about the number of shares sold at each separate price upon request.
- F2This employee stock option was granted on June 23, 2015. All of the shares are fully vested and exercisable.