secwatch.observer — SEC 8-K summary
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Issuer:     Energy Recovery, Inc. (ERII)
CIK:        0001421517
Form:       8-K
Filed at:   2023-10-27T23:59:59+00:00
Accession:  0001421517-23-000176
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Energy Recovery awards 21,762 RSU retention bonuses each to CTO and SVP Water, vesting in 1 year
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- Compensation Committee approved one-time equity retention bonuses of 21,762 RSUs each to CTO Farshad Ghasripoor and SVP Water Rodney Clemente.
- RSUs granted on October 24, 2023; 100% vest on first anniversary of grant date.
- Retention bonuses contingent on continued full-time employment and best efforts.
- Grants made under the 2020 Incentive Plan; RSUs settled in shares upon vesting.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1421517/000142151723000176/0001421517-23-000176-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1421517/000142151723000176/erii-20231023.htm
  HTML page:      https://secwatch.observer/filing/0001421517-23-000176

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer