SEC Form 4 · accession 0000924168-16-000049
ENERGY FOCUS, INC/DE · EFOI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William Cohen
Director
Period of report
Jun 15, 2016
Accepted (ET)
Jun 17, 2016 · 5:22 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 StockF1 | holding | — | — | — | 1,259 | I | Held by son | |
| Common StockF2 | 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 UnitsF3,F4 | $0.00 | Jun 15, 2016 | A | 11,484 | A | Jun 15, 2017 | Jun 15, 2017 | Common Stock | 11,484 | 11,484 | D |
| Stock OptionF5 | $5.50 | holding | — | — | — | Aug 15, 2014 | Jul 15, 2024 | Common Stock | 5,000 | 5,000 | D |
| Stock OptionF5 | $10.36 | holding | — | — | — | Aug 23, 2015 | Jul 23, 2025 | Common Stock | 5,000 | 5,000 | D |
| Stock OptionF6,F1 | $5.95 | holding | — | — | — | Aug 18, 2015 | Aug 12, 2016 | Common Stock | 312 | 312 | I |
Explanation of responses
- F1These securities are held by the reporting person's son. The reporting person disclaims beneficial ownership of the securities.
- F2William Cohen is the Manager and controlling Member of Costar Partners II, LLC.
- F3Each Restricted Stock Unit represents a contingent right to receive one share of Energy Focus, Inc. Common Stock.
- F4The Restricted Stock Units vest 100% on 06/15/2017.
- F5Date applies to 1/12th of the total as options vest monthly over a twelve month period.
- F6Unvested stock options were forfeited concurrent with the Reporting Person's son's separation from the Company. The stock options that vested will remain exercisable until August 12, 2016.