SEC Form 4 · accession 0000924168-18-000057
ENERGY FOCUS, INC/DE · EFOI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jerry Turin
Officer — CFO and Secretary
Period of report
Jul 2, 2018
Accepted (ET)
Jul 3, 2018 · 4:37 pm EDT
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 UnitsF3,F1,F2 | — | Jul 2, 2018 | A | 50,474 | A | May 29, 2019 | May 30, 2021 | Common Stock | 50,474 | 50,474 | D |
| Stock OptionF4 | $1.81 | Jul 2, 2018 | A | 75,711 | A | May 29, 2019 | May 29, 2028 | Common Stock | 75,711 | 75,711 | 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.
- F3Restricted stock units convert into Common Stock on a one-for-one basis.
- F4Date applies to one-third of the total. The remaining two-thirds vest in equal monthly installments thereafter over a two year period.