0001421517-19-000021.txt : 20190205 0001421517-19-000021.hdr.sgml : 20190205 20190205193316 ACCESSION NUMBER: 0001421517-19-000021 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20190131 FILED AS OF DATE: 20190205 DATE AS OF CHANGE: 20190205 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Bensalah Nocair CENTRAL INDEX KEY: 0001544254 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34112 FILM NUMBER: 19569499 MAIL ADDRESS: STREET 1: 1717 DOOLITTLE DRIVE 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 wf-form4_154941318198864.xml FORM 4 X0306 4 2019-01-31 0 0001421517 Energy Recovery, Inc. ERII 0001544254 Bensalah Nocair C/O ENERGY RECOVERY, INC. 1717 DOOLITTLE DRIVE SAN LEANDRO CA 94577 0 1 0 0 VP of Operations Common Stock 2019-01-31 4 A 0 14802 7.60 A 77544 D Common Stock 2019-02-05 4 F 0 598 8.1341 D 76946 D Common Stock 2019-02-04 4 F 0 2257 7.7587 D 74689 D Common Stock 2019-02-05 4 F 0 1200 7.7803 D 73489 D Employee Stock Option (Right to Buy) 7.6 2019-01-31 4 A 0 24741 0 A 2029-01-31 Common Stock 24741.0 24741 D Each restricted stock unit represents the right to receive, at settlement, one (1) share of Common Stock The restricted stock unit award was granted on January 31, 2019 and vests 25% on each of the first four anniversaries of the grant date. Payment of tax obligation by withholding securities incident to the vesting of securities in accordance with Rule 16b-3(e). Represents the weighted average stock price of the shares withheld for each restricted stock unit award vesting. Payment of tax obligation by selling securities incident to the vesting of securities in accordance with Rule 16b-3(e). Represents the weighted average stock price of the shares sold to cover tax obligation for restricted stock unit award vesting. This employee stock option was granted on January 31, 2019. 25% of the shares will vest on the 1st anniversary of the vesting commencement date, thereafter, the remaining 75% vest 1/36th per month. /s/William Yeung, Attorney-in-Fact for Nocair Bensalah 2019-02-05 EX-24 2 ex-24.htm BENSALAH N (2017-12)

Exhibit 24

POWER OF ATTORNEY

As an officer and/or director of Energy Recovery, Inc. (the "Company"), the undersigned is subject to the reporting requirements of Section 16 of the Securities Exchange Act of 1934, as amended.

By signing this document, the undersigned: (i) expressly revokes and leaves without effect any and all prior powers of attorney granted as an officer and/or a director of the Company for the purposes set-forth in points 1 to 3 herein below; and (ii) designates and appoints each of Joel Gay, Chris Gannon, William Yeung and Derek Ching as the undersigned's true and lawful attorney-in-fact to:

(1) prepare and execute Forms ID, 3, 4, and 5 including amendments to these Forms, for and on behalf the undersigned, in the undersigned's capacity as an officer and/or director of the Company;

(2) prepare and execute any other forms or amendments to such forms as he or she determines, in his or her discretion, that are required or advisable to be filed under Section 16, as amended, and related rules and regulations, including any successor laws and regulations, as a consequence of the undersigned's status as a director or as a result of the undersigned's ownership, acquisition or disposition of securities of the Company; and

(3) undertake all acts necessary in order to file and submit such forms to the U.S. Securities and Exchange Commission, any securities exchange or national association, the Company and such other person or agency as the attorney-in-fact deems appropriate.

The undersigned hereby grants to each such attorney-in-fact full power and authority to do and perform any and every act and thing whatsoever requisite, necessary or proper to be done in the exercise of any of the rights and powers herein granted, as fully to all intents and purposes as the undersigned might or could do if personally present, with full power of substitution or revocation, hereby ratifying and confirming all that such attorney-in-fact, or such attorney-in-fact's substitute or substitutes, shall lawfully do or cause to be done by virtue of this Power of Attorney and the rights and powers herein granted.  The undersigned hereby ratifies and confirms all acts that each of the attorneys-in-fact and agents do or cause to be done by virtue of this Power of Attorney.  The undersigned acknowledges that each of the attorneys-in-fact, in serving in such capacity at the undersigned's request, are not assuming, nor is the Company assuming, any of the undersigned's responsibilities to comply with Section 16, as amended.

This Power of Attorney shall remain in full force and effect until the undersigned is no longer required to file Forms ID, 3, 4, and 5 or to report holdings of, and transactions in, securities issued by the Company, or until the undersigned revokes this Power of Attorney by delivering to the Company a signed revocation in writing to the Company and to each of the attorneys-in-fact.

IN WITNESS WHEREOF, I have caused this Power of Attorney to be executed as of this 1st day of December, 2017.


/s/Nocair Bensalah
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Nocair Bensalah