SEC Form 4 · accession 0000924168-17-000019
ENERGY FOCUS, INC/DE · EFOI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Harry Port
Officer — CFO & Secretary
Period of report
Apr 3, 2017
Accepted (ET)
Apr 4, 2017 · 6:25 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 Stock | holding | — | — | — | 2,937 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF1 | $3.17 | Apr 3, 2017 | A | 28,961 | A | Apr 3, 2018 | Apr 3, 2027 | Common Stock | 28,961 | 28,961 | D |
| Restricted Stock UnitsF2,F3 | — | Apr 3, 2017 | A | 19,307 | A | Apr 3, 2018 | Apr 4, 2020 | Common Stock | 19,307 | 19,307 | D |
| Restricted Stock UnitsF2,F4 | — | holding | — | — | — | Mar 16, 2018 | Mar 16, 2019 | Common Stock | 2,347 | 2,347 | D |
| Restricted Stock UnitsF2,F3 | — | holding | — | — | — | Mar 13, 2018 | Mar 14, 2020 | Common Stock | 8,561 | 8,561 | D |
| Restricted Stock UnitsF2,F3 | — | holding | — | — | — | Aug 16, 2017 | Aug 16, 2019 | Common Stock | 5,000 | 5,000 | D |
| Stock OptionF1 | $15.08 | holding | — | — | — | Jul 13, 2016 | Sep 17, 2025 | Common Stock | 5,000 | 5,000 | D |
Explanation of responses
- F1Date applies to one-third of the total. The remaining two-thirds vest in equal monthly installments thereafter over a two year period.
- F2Each Restricted Stock Unit represents a contingent right to receive one share of Energy Focus, Inc. Common Stock.
- F3Date 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.
- F4Date applies to 1,173 of the restricted stock units. The remaining 1,174 restricted stock units vest on March 16, 2019.