SEC Form 4 · accession 0001140361-15-031091
ORION ENERGY SYSTEMS, INC. · OESX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Marc Meade
Officer — Executive Vice President
Period of report
Aug 10, 2015
Accepted (ET)
Aug 11, 2015 · 5:45 pm 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 StockF1 | Aug 10, 2015 | P | 2,500 | $2.0588 | A | 107,298 | 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)F2 | $4.70 | holding | — | — | — | Feb 1, 2011 | Feb 1, 2020 | Common Stock | 5,000 | 5,000 | D |
| Stock Options (right to buy)F3 | $3.46 | holding | — | — | — | May 18, 2011 | May 18, 2020 | Common Stock | 20,000 | 20,000 | D |
| Stock Options (right to buy)F4 | $3.45 | holding | — | — | — | Nov 1, 2011 | Nov 1, 2020 | Common Stock | 25,000 | 25,000 | D |
| Stock Options (right to buy)F5 | $2.05 | holding | — | — | — | Feb 1, 2014 | Feb 1, 2023 | Common Stock | 20,000 | 20,000 | D |
Explanation of responses
- F1The price in Column 4 is a weighted average price. The prices actually paid ranged from $2.057 to $2.0599. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares purchased at each price within the range for all transactions reported in this Form 4 utilizing an average weighted price.
- F2Grant to reporting person of option to buy shares under the 2004 Stock and Incentive Awards Plan. This option, granted February 1, 2010, vests and becomes exercisable in 20% increments on February 1, 2011, 2012, 2013, 2014 and 2015, respectively.
- F3Grant to reporting person of option to buy shares under the 2004 Stock and Incentive Awards Plan. This option, granted May 18, 2010, vests and becomes exercisable in 10% increments on May 18, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019 and 2020, respectively.
- F4Grant to reporting person of option to buy shares under the 2004 Stock and Incentive Awards Plan. This option, granted November 1, 2010, vests and becomes exercisable in 20% increments on November 1, 2011, 2012, 2013, 2014 and 2015, respectively.
- F5Grant to reporting person of option to buy shares under the 2004 Stock and Incentive Awards Plan. This option, granted February 1, 2013, vests and becomes exercisable in 20% increments on February 1, 2014, 2015, 2016, 2017 and 2018, respectively.