SEC Form 4 · accession 0001140361-16-076663
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 11, 2016
Accepted (ET)
Aug 15, 2016 · 4:08 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 Stock | Aug 11, 2016 | P | 2,500 | $1.3999 | A | 220,849 | 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 | $4.70 | holding | — | — | — | Feb 1, 2011 | Feb 1, 2020 | Common Stock | 5,000 | 5,000 | D |
| Stock Options (right to buy)F2 | $3.46 | holding | — | — | — | May 18, 2011 | May 18, 2020 | Common Stock | 20,000 | 20,000 | D |
| Stock Options (right to buy)F3 | $3.45 | holding | — | — | — | Nov 1, 2011 | Nov 1, 2020 | Common Stock | 25,000 | 25,000 | D |
| Stock Options (right to buy)F4 | $2.05 | holding | — | — | — | Feb 1, 2014 | Feb 1, 2023 | Common Stock | 20,000 | 20,000 | D |
Explanation of responses
- F1Grant 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.
- F2Grant 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.
- F3Grant 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.
- F4Grant 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.