SEC Form 4 · accession 0000924168-16-000027
ENERGY FOCUS, INC/DE · EFOI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William Cohen
Director
Period of report
Mar 14, 2016
Accepted (ET)
Apr 27, 2016 · 4:35 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000924168
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | Mar 14, 2016 | P | 1,259 | $7.88 | A | 1,259 | I | Held by son |
| Common StockF1 | holding | — | — | — | 600,000 | I | Held by Costar Partners II, LLC | |
| Common Stock | holding | — | — | — | 108,695 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2,F6 | $0.00 | Mar 16, 2016 | A | 490 | A | Mar 16, 2017 | Apr 16, 2019 | Common Stock | 490 | 1,240 | I |
| Stock OptionF3 | $5.50 | holding | — | — | — | Aug 15, 2014 | Jul 15, 2024 | Common Stock | 5,000 | 5,000 | D |
| Stock OptionF3 | $10.36 | holding | — | — | — | Aug 23, 2015 | Jul 23, 2025 | Common Stock | 5,000 | 5,000 | D |
| Stock OptionF2,F4 | $5.95 | holding | — | — | — | Aug 18, 2015 | Nov 4, 2024 | Common Stock | 750 | 750 | I |
| Restricted Stock UnitsF2,F5 | $0.00 | holding | — | — | — | Mar 16, 2017 | Mar 16, 2017 | Common Stock | 750 | 750 | I |
Explanation of responses
- F1William Cohen is the Manager and controlling Member of Costar Partners II, LLC.
- F2These securities are held by the reporting person's son. The reporting person disclaims beneficial ownership of the securities.
- F3Date applies to 1/12th of the total as options vest monthly over a twelve month period.
- F4Date applies to one-fourth of the total. The remaining three-fourths vest in equal monthly installments thereafter over a 3 year period.
- F5The Restricted Stock Units vest 100% on 3/16/2017, subject to continued employment.
- F6Date applies to one-third of the total. Another one-third vests two years from the grant date and the final one-third vests three years from the grant date.