Accession Number: | 0001437749-20-001686 |
Date: | 2020-01-31 |
Issuer: | ENERGY RECOVERY, INC. (ERII) |
Original Submission Date: |
SIEBERT ERIC
C/O ENERGY RECOVERY
1717 DOOLITTLE DRIVE
SAN LEANDRO, CA 94577
Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
---|---|---|---|---|---|---|---|---|---|
COMMON STOCK | 2020-01-31 | A | 15,915 | a | $10.21 | 76,371 | direct |
Title of Derivative Security | Conversion or Exercise Price of Derivative Security | Transaction Date | Deemed Execution Date | Transaction Code | Number of Derivative Securities Acquired (A) or Disposed of (D) | Date Exercisable | Expiration Date | Title and Amount of Securities Underlying Derivative Security | Price of Derivative Security | Number of derivative Securities Beneficially Owned Following Reported Transaction(s) | Ownership Form: Direct (D) or Indirect (I) | Nature of Indirect Beneficial Ownership |
---|---|---|---|---|---|---|---|---|---|---|---|---|
EMPLOYEE STOCK OPTION (RIGHT TO BUY) | 10.21 | 2020-01-31 | deemed execution date | A | 27,215 (a) | 2030-01-31 | common stock 27,215 | $10.21 | 27,215 | direct |
ID | footnote |
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f1 | each restricted stock unit represents the right to receive, at settlement, one (1) share of the company's common stock. |
f2 | the restricted stock unit was granted on january 31, 2020 and vests 25% on each of the first four anniversaries of the grant date. |
f3 | this employee stock option was granted on january 31, 2020. 25% of the options will vest on the 1st anniversary of the grant date; thereafter, the remaining 75% vest 1/36th per month. |