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