SEC Form 4 · accession 0001140361-15-025943
ORION ENERGY SYSTEMS, INC. · OESX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas N Schueller
Director
Period of report
Jun 29, 2015
Accepted (ET)
Jun 30, 2015 · 10:59 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001409375
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jun 29, 2015 | G | 11,496 | $0.00 | D | 0 | I | By IRA |
| Common Stock | Jun 29, 2015 | G | 11,496 | $0.00 | A | 13,496 | I | As trustee - Schueller Living Trust of 2006 |
| Common Stock | holding | — | — | — | 22,932 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (right to buy)F1 | $3.46 | holding | — | — | — | May 18, 2011 | May 18, 2020 | Common Stock | 19,912 | 19,912 | D |
| Stock Options (right to buy)F2 | $4.19 | holding | — | — | — | May 23, 2012 | May 23, 2021 | Common Stock | 22,045 | 22,045 | D |
| Stock Options (right to buy)F3 | $2.03 | holding | — | — | — | Jun 12, 2013 | Jun 12, 2022 | Common Stock | 26,646 | 26,646 | D |
| Stock Options (right to buy)F4 | $2.41 | holding | — | — | — | Dec 31, 2013 | May 28, 2023 | Common Stock | 36,568 | 36,568 | D |
Explanation of responses
- F1Grant to reporting person of option to buy shares under the 2004 Stock and Incentive Awards Plan. This option, granted May 18, 2010, became exercisable in three equal installments on May 18, 2011, 2012 and 2013, respectively.
- F2Grant to reporting person of option to buy shares under the 2004 Stock and Incentive Awards Plan. This option, granted May 23, 2011, became exercisable in three equal installments on May 23, 2012, 2013 and 2014, respectively.
- F3Grant to reporting person of option to buy shares under the 2004 Stock and Incentive Awards Plan. This option, granted June 12, 2012, vests and becomes exercisable in three equal installments on June 12, 2013, 2014 and 2015, respectively.
- F4Grant to reporting person of option to buy shares under the 2004 Stock and Incentive Awards Plan. This option, granted May 28, 2013, vests and becomes exercisable in three equal installments on December 31, 2013, 2014 and 2015, respectively.