Energy Recovery, Inc. Holds Annual Stockholder Meeting

TL;DR

ERII held its annual shareholder meeting on June 6th, voting on key proposals.

AI Summary

On June 6, 2024, Energy Recovery, Inc. held its Annual Meeting of Stockholders where proposals were voted on. The company, incorporated in Delaware, is headquartered at 1717 Doolittle Drive, San Leandro, California.

Why It Matters

This filing confirms the company held its annual meeting, a routine but important event for corporate governance and shareholder engagement.

Risk Assessment

Risk Level: low — This is a routine 8-K filing reporting on a shareholder meeting, with no immediate financial or operational risks indicated.

Key Players & Entities

• Energy Recovery, Inc. (company) — Registrant
• June 6, 2024 (date) — Date of earliest event reported
• Delaware (jurisdiction) — State of Incorporation
• 1717 Doolittle Drive, San Leandro, California 94577 (address) — Principal Executive Offices

FAQ

Key Financial Figures

• $0.001 — ange on which registered Common Stock, $0.001 par value ERII The Nasdaq Stock Market

Filing Documents

• erii-20240606.htm (8-K) — 39KB
• erii-20240606_g1.jpg (GRAPHIC) — 40KB
• 0001421517-24-000122.txt ( ) — 268KB
• erii-20240606.xsd (EX-101.SCH) — 2KB
• erii-20240606_lab.xml (EX-101.LAB) — 21KB
• erii-20240606_pre.xml (EX-101.PRE) — 12KB
• erii-20240606_htm.xml (XML) — 3KB

07 Submission of Matters to a Vote of Security Holders

Item 5.07 Submission of Matters to a Vote of Security Holders. Energy Recovery, Inc. (the "Company") held its 2024 Annual Meeting of Stockholders (the "Annual Meeting") on June 6, 2024, to (i) elect six (6) members of its Board of Directors (the "Board"), (ii) approve, on a non-binding advisory basis, the compensation of the Company's named executive officers for 2023, and (iii) ratify the appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm for the year ending December 31, 2024. As of April 8, 2024, the record date for the Annual Meeting, there were 57,329,402 shares of common stock outstanding and entitled to vote. At the Annual Meeting, 49,669,876 shares of common stock, or approximately 86.6% of the shares outstanding as of the record date, were represented in person or by proxy, constituting a quorum. The final results for the proposals voted on at the Annual Meeting are set forth below: Proposal 1 – Election of Directors The stockholders elected six (6) Directors of the Board to serve for a one-year term until the Company's 2025 Annual Meeting of Stockholders or a respective successor is elected and qualified or until the director's earlier death, resignation, or removal. The following table shows the results of the stockholders' vote: Nominee for Director Votes For (% of Voted) Votes Withheld (% of Voted) Broker Non-Votes Alexander J. Buehler 42,148,623 (95.4%) 2,034,457 (4.6%) 5,486,796 Joan K. Chow 42,820,532 (96.9%) 1,362,548 (3.1%) 5,486,796 Arve Hanstveit 37,186,295 (84.2%) 6,996,785 (15.8%) 5,486,796 David W. Moon 43,992,723 (99.6%) 190,357 (0.4%) 5,486,796 Colin R. Sabol 43,523,348 (98.5%) 659,732 (1.5%) 5,486,796 Pamela L. Tondreau 38,583,822 (87.3%) 5,599,258 (12.7%) 5,486,796 Proposal 2 – Non-Binding Advisory Vote on Executive Compensation. This proposal was approved. The following table shows the results of the stockholders' vote: Votes For (% of Voted) Votes Against (% of Voted)

Signatures

Signatures Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Energy Recovery, Inc. Date: June 10, 2024 By: /s/ William Yeung William Yeung Chief Legal Officer

View Full Filing

View this 8-K filing on SEC EDGAR