SEC Form 4 · accession 0000924168-19-000016
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
Feb 26, 2019
Accepted (ET)
Feb 28, 2019 · 4:48 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 | Feb 26, 2019 | M | 55,100 | $0.00 | A | 108,561 | D | |
| Common Stock | Feb 26, 2019 | F | 22,370 | $1.14 | D | 86,191 | D | |
| Common Stock | Feb 27, 2019 | M | 16,481 | $0.00 | A | 102,672 | D | |
| Common Stock | Feb 27, 2019 | F | 6,738 | $1.21 | D | 95,934 | 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 | — | Feb 26, 2019 | M | 55,100 | D | Feb 26, 2019 | Feb 27, 2021 | Common Stock | 55,100 | 110,200 | D |
| Restricted Stock UnitsF1,F2 | — | Feb 27, 2019 | M | 16,481 | D | Feb 27, 2018 | Feb 28, 2020 | Common Stock | 16,481 | 16,481 | D |
| Stock OptionF3 | $3.43 | holding | — | — | — | Feb 27, 2018 | Feb 27, 2027 | Common Stock | 74,165 | 74,165 | 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.