SEC Form 4 · accession 0000924168-18-000004
ENERGY FOCUS, INC/DE · EFOI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ted L Tewksbury III
Officer — Chairman, CEO & President · Director
Period of report
Dec 29, 2017
Accepted (ET)
Jan 3, 2018 · 5:25 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 | 4,612 | $2.0825 | A | 11,278 | 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 | — | Jan 3, 2018 | M | 20,621 | A | Jan 3, 2018 | Jan 4, 2018 | Common Stock | 20,621 | 0 | D |
| Stock OptionF4 | $3.43 | holding | — | — | — | Feb 27, 2018 | Feb 27, 2027 | Common Stock | 74,165 | 74,165 | D |
| Restricted Stock UnitsF2,F5 | — | holding | — | — | — | Feb 27, 2018 | Feb 28, 2020 | Common Stock | 49,443 | 49,443 | 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.
- F3The Restricted Stock Units vest 100% on 01/03/2018.
- F4Date applies to one-third of the total. The remaining two-thirds vest in equal monthly installments thereafter over a two year period.
- F5Date 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.