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ORION ENERGY SYSTEMS, INC. Director's Dealing 2017

Jul 7, 2017

34783_dirs_2017-07-07_747e7eed-ce18-4c9e-9b92-59494905ce27.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: 2017-07-06

Reporting Person: Altschaefl Michael W (Director, Chief Executive Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2017-07-06 Common Stock A 7247 Acquired 347076 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock Options (right to buy) $3.81 2019-10-30 Common Stock (5291) 5291 Direct
Stock Options (right to buy) $3.46 2020-05-18 Common Stock (19912) 19912 Direct
Stock Options (right to buy) $4.19 2021-05-23 Common Stock (22045) 22045 Direct
Stock Options (right to buy) $2.03 2022-06-12 Common Stock (26646) 26646 Direct
Stock Options (right to buy) $2.41 2023-05-28 Common Stock (36568) 36568 Direct

Footnotes

F1: Shares granted in lieu of cash for quarterly retainer and board chair fees earned prior to Mr. Altschaefl's appointment as Chief Executive Officer pursuant to Issuer's 2016 Omnibus Incentive Plan.

F2: Grant to reporting person of option to buy shares under the 2004 Stock and Incentive Awards Plan. This option, granted October 30, 2009, vested and became exercisable in three equal installments on October 30, 2010, 2011 and 2012, respectively.

F3: Grant to reporting person of option to buy shares under the 2004 Stock and Incentive Awards Plan. This option, granted May 18, 2010, vested and became exercisable in three equal installments on May 18, 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 23, 2011, vested and became exercisable in three equal installments on May 23, 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 June 12, 2012, vested and became exercisable in three equal installments on June 12, 2013, 2014 and 2015, respectively.

F6: Grant to reporting person of option to buy shares under the 2004 Stock and Incentive Awards Plan. This option, granted May 28, 2013, vested and became exercisable in three equal installments on December 31, 2013, 2014 and 2015, respectively.