4//SEC Filing
Verfuerth Neal R 4
Accession 0001140361-11-029936
CIK 0001409375other
Filed
May 24, 8:00 PM ET
Accepted
May 25, 6:27 PM ET
Size
13.8 KB
Accession
0001140361-11-029936
Insider Transaction Report
Form 4
Verfuerth Neal R
DirectorPresident and CEO
Transactions
- Award
Stock Options (right to buy)
2011-05-23+36,166→ 36,166 totalExercise: $4.19Exp: 2021-05-23→ Common Stock (36,166 underlying)
Holdings
- 180,958
Stock Options (right to buy)
Exercise: $4.49Exp: 2011-07-27→ Common Stock (180,958 underlying) - 1,807,861
Common Stock
- 35,276
Stock Options (right to buy)
Exercise: $3.78Exp: 2019-05-19→ Common Stock (35,276 underlying) - 34,207
Stock Options (right to buy)
Exercise: $3.46Exp: 2020-05-18→ Common Stock (34,207 underlying) - 204,546
Stock Options (right to buy)
Exercise: $2.20Exp: 2016-12-20→ Common Stock (204,546 underlying) - 108,911
Stock Options (right to buy)
Exercise: $5.35Exp: 2018-08-08→ Common Stock (108,911 underlying)
Footnotes (7)
- [F1]Due to changed circumstances, and not to any direct or indirect transfer of any securities or any transaction, the reporting person no longer has a reportable beneficial ownership interest in shares of common stock owned by his spouse.
- [F2]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.
- [F3]Grant to reporting person of option to buy shares under the 2004 Equity Incentive Plan. This option, granted December 20, 2006, vests and becomes exercisable in 20% increments on December 20, 2007, 2008, 2009, 2010 and 2011, respectively.
- [F4]Grant to reporting person of option to buy shares under the 2004 Stock and Incentive Awards Plan. This option, granted July 27, 2007, became fully exercisable on July 27, 2008.
- [F5]Grant to reporting person of option to buy shares under the 2004 Stock and Incentive Awards Plan. This option, granted August 8, 2008, vests and becomes exercisable in 20% increments on August 8, 2009, 2010, 2011, 2012 and 2013, respectively.
- [F6]Grant to reporting person of option to buy shares under the 2004 Stock and Incentive Awards Plan. This option, granted May 19, 2009, vests and becomes exercisable in 20% increments on May 19, 2010, 2011, 2012, 2013 and 2014, respectively.
- [F7]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.
Documents
Issuer
ORION ENERGY SYSTEMS, INC.
CIK 0001409375
Entity typeother
Related Parties
1- filerCIK 0001420983
Filing Metadata
- Form type
- 4
- Filed
- May 24, 8:00 PM ET
- Accepted
- May 25, 6:27 PM ET
- Size
- 13.8 KB