SEC Form 4 · accession 0000924168-18-000014
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
Mar 13, 2018
Accepted (ET)
Mar 14, 2018 · 5:27 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 | Mar 13, 2018 | M | 2,838 | $0.00 | A | 11,858 | D | |
| Common Stock | Mar 13, 2018 | F | 998 | $2.62 | D | 10,860 | 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 UnitsF1,F2 | — | Mar 13, 2018 | M | 2,838 | D | Mar 13, 2018 | Mar 14, 2020 | Common Stock | 2,838 | 5,723 | D |
| Restricted Stock UnitsF1,F2 | — | holding | — | — | — | Mar 16, 2017 | Mar 16, 2019 | Common Stock | 2,347 | 2,347 | D |
| Restricted Stock UnitsF1,F2 | — | holding | — | — | — | Aug 16, 2017 | Aug 16, 2019 | Common Stock | 3,334 | 3,334 | D |
| Restricted Stock UnitsF1,F2 | — | holding | — | — | — | Apr 3, 2018 | Apr 4, 2020 | Common Stock | 19,307 | 19,307 | D |
| Restricted Stock UnitsF1,F2 | — | holding | — | — | — | Feb 26, 2019 | Feb 27, 2021 | Common Stock | 49,167 | 49,167 | D |
| Stock OptionF3 | $15.08 | holding | — | — | — | Jul 13, 2016 | Sep 17, 2025 | Common Stock | 5,000 | 5,000 | D |
| Stock OptionF3 | $3.17 | holding | — | — | — | Apr 3, 2018 | Apr 3, 2027 | Common Stock | 28,961 | 28,961 | 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.