Accession Number: | 0001437749-20-003293 |
Date: | 2020-02-19 |
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 | 2020-02-19 | M | 1,100 | a | $2.61 | 73,205 | direct | ||
COMMON STOCK | 2020-02-19 | S | 1,100 | d | $11.00 | 72,105 | direct | ||
COMMON STOCK | 2020-02-20 | M | 17,298 | a | $2.61 | 89,403 | direct | ||
COMMON STOCK | 2020-02-20 | S | 17,298 | d | $11.01 | 72,105 | direct | ||
COMMON STOCK | 2020-02-21 | M | 1,900 | a | $2.61 | 74,005 | direct | ||
COMMON STOCK | 2020-02-21 | S | 1,900 | d | $11.02 | 72,105 | direct | ||
COMMON STOCK | 2020-02-21 | F | 101 | d | $10.42 | 72,004 | 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) | 2.61 | 2020-02-19 | deemed execution date | M | 1,100 (d) | 2025-06-08 | common stock 1,100 | $2.61 | 72,800 | direct | ||
EMPLOYEE STOCK OPTION (RIGHT TO BUY) | 2.61 | 2020-02-20 | deemed execution date | M | 17,298 (d) | 2025-06-08 | common stock 17,298 | $2.61 | 55,502 | direct | ||
EMPLOYEE STOCK OPTION (RIGHT TO BUY) | 2.61 | 2020-02-21 | deemed execution date | M | 1,900 (d) | 2025-06-08 | common stock 1,900 | $2.61 | 53,602 | direct |
ID | footnote |
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f1 | this transaction was effected pursuant to a 10b5-1 trading plan adopted by the reporting person on december 12, 2019. |
f2 | this figure is the weighted average sales price of multiple trades ranging from $11.00 to $11.07 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. |
f3 | this figure is the weighted average sales price of multiple trades ranging from $11.00 to $11.05 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. |
f4 | payment of tax obligation by withholding securities incident to the vesting of securities in accordance with rule 16b-3(e). |
f5 | this employee stock option was granted on june 8, 2015. all of the options are fully vested and exercisable. |