0001437749-21-001934.txt : 20210203 0001437749-21-001934.hdr.sgml : 20210203 20210203214239 ACCESSION NUMBER: 0001437749-21-001934 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210201 FILED AS OF DATE: 20210203 DATE AS OF CHANGE: 20210203 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Ghasripoor Farshad CENTRAL INDEX KEY: 0001723522 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34112 FILM NUMBER: 21588603 MAIL ADDRESS: STREET 1: 1717 DOOLITTLE DRVIE CITY: SAN LEANDRO STATE: CA ZIP: 94577 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Energy Recovery, Inc. CENTRAL INDEX KEY: 0001421517 STANDARD INDUSTRIAL CLASSIFICATION: SPECIAL INDUSTRY MACHINERY, NEC [3559] IRS NUMBER: 010616867 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 1717 DOOLITTLE DRIVE CITY: SAN LEANDRO STATE: CA ZIP: 94577 BUSINESS PHONE: (510) 483-7370 MAIL ADDRESS: STREET 1: 1717 DOOLITTLE DRIVE CITY: SAN LEANDRO STATE: CA ZIP: 94577 4 1 rdgdoc.xml FORM 4 X0306 4 2021-02-01 0001421517 Energy Recovery, Inc. ERII 0001723522 Ghasripoor Farshad C/O ENERGY RECOVERY, INC. 1717 DOOLITTLE DRIVE SAN LEANDRO CA 94577 1 Chief Technology Officer Common Stock 2021-02-01 4 A 0 11640 13.96 A 80096 D Common Stock 2021-02-02 4 F 0 4785 13.9582 D 75311 D Common Stock 2021-02-03 4 F 0 959 13.9549 D 74352 D Common Stock 2021-02-03 4 S 0 9121 13.8789 D 65231 D Employee Stock Option (Right to Buy) 13.96 2021-02-01 4 A 0 31124 0 A 2031-02-01 Common Stock 31124 31124 D Each restricted stock unit represents the right to receive, at settlement, one (1) share of the Company's Common Stock. The restricted stock unit was granted on February 1, 2021 and vests 25% on each of the first four anniversaries of the grant date. Payment of tax obligation by selling securities incident to the vesting of securities in accordance with Rule 16b-3(e). This figure is the weighted average sales price of multiple trades ranging from $13.90 to $14.07 per share. The Reporting Person undertakes to provide the SEC Staff, ERI or a shareholder of ERI full information about the number of shares sold at each separate price upon request. This figure is the weighted average sales price of multiple trades ranging from $13.81 to $14.03 per share. The Reporting Person undertakes to provide the SEC Staff, ERI or a shareholder of ERI full information about the number of shares sold at each separate price upon request. This transaction was effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person on December 14, 2020. This figure is the weighted average sales price of multiple trades ranging from $13.73 to $14.05 per share. The Reporting Person undertakes to provide the SEC Staff, ERI or a shareholder of ERI full information about the number of shares sold at each separate price upon request. This employee stock option was granted on February 1, 2021. 25% of the options will vest on the 1st anniversary of the grant date; thereafter, the remaining 75% vest 1/36th per month. /s/ William Yeung, Attorney-in-Fact for Farshad Ghasripoor 2021-02-03