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ORION ENERGY SYSTEMS, INC. — Director's Dealing 2017
Jun 30, 2017
34783_dirs_2017-06-30_afeb994d-d0bf-41bc-9af2-65d2ed297876.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: ORION ENERGY SYSTEMS, INC. (OESX)
CIK: 0001409375
Period of Report: 2017-06-28
Reporting Person: Scribante John H (Director, Retired)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-06-28 | Common Stock | S | 25211 | $1.2500 | Disposed | 380823 | Indirect |
| 2017-06-29 | Common Stock | S | 112007 | $1.2741 | Disposed | 268816 | Indirect |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 40000 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Options (right to buy) | $5.35 | 2018-08-08 | Common Stock (21452) | 21452 | Direct |
| Stock Options (right to buy) | $3.78 | 2019-05-19 | Common Stock (11759) | 11759 | Direct |
| Stock Options (right to buy) | $3.01 | 2019-09-01 | Common Stock (200000) | 200000 | Direct |
| Stock Options (right to buy) | $3.46 | 2020-05-18 | Common Stock (16731) | 16731 | Direct |
| Stock Options (right to buy) | $2.03 | 2022-06-12 | Common Stock (80000) | 80000 | Direct |
| Stock Options (right to buy) | $1.62 | 2022-11-12 | Common Stock (100000) | 100000 | Direct |
Footnotes
F1: The price in Column 4 is a weighted average price. The prices actually received ranged from $1.25 to $1.32. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range for all transactions reported in this Form 4 utilizing a weighted average price.
F2: By the John H. Scribante and Tina M. Scribante TR UA 06/05/01 TMS Trust.
F3: Grant to reporting person of option to buy shares under the 2004 Stock and Incentive Awards Plan. This option, granted August 8, 2008, became exercisable in 20% increments on August 8, 2009, 2010, 2011, 2012 and 2013, respectively.
F4: Grant to reporting person of option to buy shares under the 2004 Stock and Incentive Awards Plan. This option, granted May 19, 2009, became exercisable in 20% increments on May 19, 2010, 2011, 2012, 2013 and 2014, respectively.
F5: Grant to reporting person of option to buy shares under the 2004 Stock and Incentive Awards Plan. This option, granted September 1, 2009, became exercisable in 50,000 share increments when the average trading price of the Issuer's common stock equals or exceeds $4.00, $5.00, $6.00, $7.00 and $ 8.00 per share.
F6: Grant to reporting person of option to buy shares under the 2004 Stock and Incentive Awards Plan. This option, granted May 18, 2010, became exercisable in 20% increments on May 18, 2011, 2012, 2013, 2014 and 2015, respectively.
F7: Grant to reporting person of option to buy shares under the 2004 Stock and Incentive Awards Plan. This option, granted June 12, 2012, became exercisable in four equal installments on June 12, 2013, 2014, 2015 and 2016, respectively.
F8: Grant to reporting person of option to buy shares under the 2004 Stock and Incentive Awards Plan. This option, granted November 12, 2012, became exercisable in three equal installments on November 12, 2013, 2014 and 2015, respectively.