SEC Form 4 · accession 0000924168-18-000003
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
Dec 29, 2017
Accepted (ET)
Jan 3, 2018 · 5:24 pm EST
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 | Dec 29, 2017 | A | 3,001 | $2.0825 | A | 9,020 | 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,F3 | — | holding | — | — | — | Apr 3, 2018 | Apr 4, 2020 | Common Stock | 19,307 | 19,307 | D |
| Restricted Stock UnitsF2,F3 | — | holding | — | — | — | Mar 13, 2018 | Mar 14, 2020 | Common Stock | 8,561 | 8,561 | D |
| Restricted Stock UnitsF2,F4 | — | holding | — | — | — | Mar 16, 2018 | Mar 16, 2019 | Common Stock | 2,347 | 2,347 | D |
| Restricted Stock UnitsF2,F3 | — | holding | — | — | — | Aug 16, 2017 | Aug 16, 2019 | Common Stock | 3,334 | 3,334 | D |
| Stock OptionF5 | $3.17 | holding | — | — | — | Apr 3, 2018 | Apr 3, 2027 | Common Stock | 28,961 | 28,961 | D |
| Stock OptionF5 | $15.08 | holding | — | — | — | Jul 13, 2016 | Sep 17, 2025 | Common Stock | 5,000 | 5,000 | D |
Explanation of responses
- F1Shares acquired through the Energy Focus, Inc. 2013 Employee Stock Purchase Plan.
- 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.
- F5Date applies to one-third of the total. The remaining two-thirds vest in equal monthly installments thereafter over a two year period.