Form Type: 4

SEC EDGAR Link
Accession Number:0001421517-21-000147
Date:2021-11-24
Issuer: ENERGY RECOVERY, INC. (ERII)
Original Submission Date:

Reporting Person:

FODA SHERIF
C/O ENERGY RECOVERY, INC.
1717 DOOLITTLE DRIVE SAN LEANDRO, CA 94577

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
COMMON STOCK 2021-11-24 M 7,818 a $9.98 12,630 direct
COMMON STOCK 2021-11-24 M 12,182 a $7.64 24,812 direct
COMMON STOCK 2021-11-24 S 20,000 d $22.46 4,812 direct
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
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 ExercisableExpiration 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
STOCK OPTION (RIGHT TO BUY) 9.98 2021-11-24 deemed execution date M 7,818 (d) 2029-06-13 common stock 7,818 $9.98 0 direct
STOCK OPTION (RIGHT TO BUY) 7.64 2021-11-24 deemed execution date M 12,182 (d) 2030-07-16 common stock 12,182 $7.64 6,487 direct
Footnotes
IDfootnote
f1 this figure is the weighted average sales price of multiple trades ranging from $22.30 to $22.53 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.
f2 these stock options were granted on june 13, 2019 and were fully vested and exercisable on the 2020 annual meeting date.
f3 these stock options were granted on july 16, 2020 and were fully vested and exercisable on the 2021 annual meeting date.
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