Ralsky Stuart L 4
4 · ORION ENERGY SYSTEMS, INC. · Filed May 25, 2011
Insider Transaction Report
Form 4
Ralsky Stuart L
Senior VP - Human Resources
Transactions
- Award
Stock Options (right to buy)
2011-05-23+12,580→ 12,580 totalExercise: $4.19Exp: 2021-05-23→ Common Stock (12,580 underlying)
Holdings
- 8,263
Stock Options (right to buy)
Exercise: $3.46Exp: 2020-05-18→ Common Stock (8,263 underlying) - 3,800
Common Stock
- 50,000
Stock Options (right to buy)
Exercise: $3.09Exp: 2019-10-01→ Common Stock (50,000 underlying)
Footnotes (3)
- [F1]The option will vest and become exercisable immediately only if the Issuer satisfies certain financial performance criteria relating to revenues, net income and free cash flow during the fiscal year ending March 31, 2012, and if the Issuer's stock price equals or exceeds $5.00 per share for at least 20 trading days during any 90-day period during the option's ten-year term.
- [F2]Grant to reporting person of option to buy shares under the 2004 Stock and Incentive Awards Plan. This option, granted October 1, 2009, vests and becomes exercisable in 20% increments on October 1, 2010, 2011, 2012, 2013 and 2014, 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, vests and becomes exercisable in 20% increments on May 18, 2011, 2012, 2013, 2014 and 2015, respectively.