SEC Form 4 · accession 0000924168-17-000002
ENERGY FOCUS, INC/DE · EFOI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bradley Brian White
Officer — CFO & Secretary
Period of report
Jan 3, 2017
Accepted (ET)
Jan 4, 2017 · 4:40 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000924168
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Jan 3, 2017 | A | 32,479 | A | Jan 3, 2018 | Jan 3, 2020 | Common Stock | 32,479 | 32,479 | D |
| Stock OptionF3 | $4.49 | Jan 3, 2017 | A | 48,719 | A | Jan 3, 2018 | Jan 3, 2027 | Common Stock | 48,719 | 81,198 | D |
Explanation of responses
- F1Each Restricted Stock Unit represents a contingent right to receive one share of Energy Focus, Inc. Common Stock.
- F2Date 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.
- F3Date applies to one-third of the total. The remaining two-thirds vest in equal monthly installments thereafter over a two year period.