Energy Recovery, Inc. — Director's Dealing 2015

Dec 10, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Energy Recovery, Inc. (ERII)
CIK: 0001421517
Period of Report: 2015-12-08

Reporting Person: Gannon Chris M (CFO)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-12-08	Stock Option (Right to Buy)	$6.88	A	100000	Acquired	2025-12-07	Common Stock (100000)	Direct

Footnotes

F1: 25% of the shares fully vest on the 1st anniversary of the vesting start date of 12/08/2015; Thereafter, the remaining 75%, vest 1/36th per month.