SEC Form 4 · accession 0001140361-17-025500
ORION ENERGY SYSTEMS, INC. · OESX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael W Altschaefl
Officer — Chief Executive Officer · Director
Period of report
Jun 15, 2017
Accepted (ET)
Jun 19, 2017 · 4:56 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 | Jun 15, 2017 | P | 5,000 | $1.3484 | A | 332,329 | 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 | $3.81 | holding | — | — | — | Oct 30, 2010 | Oct 30, 2019 | Common Stock | 5,291 | 5,291 | D |
| Stock Options (right to buy)F3 | $3.46 | holding | — | — | — | May 18, 2011 | May 18, 2020 | Common Stock | 19,912 | 19,912 | D |
| Stock Options (right to buy)F4 | $4.19 | holding | — | — | — | May 23, 2012 | May 23, 2021 | Common Stock | 22,045 | 22,045 | D |
| Stock Options (right to buy)F5 | $2.03 | holding | — | — | — | Jun 12, 2013 | Jun 12, 2022 | Common Stock | 26,646 | 26,646 | D |
| Stock Options (right to buy)F6 | $2.41 | holding | — | — | — | Dec 31, 2013 | May 28, 2023 | Common Stock | 36,568 | 36,568 | D |
Explanation of responses
- F1The price in Column 4 is a weighted average price. The prices actually paid ranged from $1.3386 to $1.3486. 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 October 30, 2009, vested and became exercisable in three equal installments on October 30, 2010, 2011 and 2012, respectively.
- F3Grant to reporting person of option to buy shares under the 2004 Stock and Incentive Awards Plan. This option, granted May 18, 2010, vested and became exercisable in three equal installments on May 18, 2011, 2012 and 2013, respectively.
- F4Grant to reporting person of option to buy shares under the 2004 Stock and Incentive Awards Plan. This option, granted May 23, 2011, vested and became exercisable in three equal installments on May 23, 2012, 2013 and 2014, respectively.
- F5Grant to reporting person of option to buy shares under the 2004 Stock and Incentive Awards Plan. This option, granted June 12, 2012, vested and became exercisable in three equal installments on June 12, 2013, 2014 and 2015, respectively.
- F6Grant to reporting person of option to buy shares under the 2004 Stock and Incentive Awards Plan. This option, granted May 28, 2013, vested and became exercisable in three equal installments on December 31, 2013, 2014 and 2015, respectively.