Home/Filings/4/0001140361-11-029940
4//SEC Filing

Waibel Daniel J 4

Accession 0001140361-11-029940

CIK 0001409375other

Filed

May 24, 8:00 PM ET

Accepted

May 25, 6:28 PM ET

Size

10.6 KB

Accession

0001140361-11-029940

Insider Transaction Report

Form 4
Period: 2011-05-23
Waibel Daniel J
Pres. Asset Management Div.
Transactions
  • Award

    Stock Options (right to buy)

    2011-05-23+17,96017,960 total
    Exercise: $4.19Exp: 2021-05-23Common Stock (17,960 underlying)
Holdings
  • Stock Options (right to buy)

    Exercise: $3.46Exp: 2020-05-18Common Stock (16,731 underlying)
    16,731
  • Stock Options (right to buy)

    Exercise: $5.35Exp: 2018-08-08Common Stock (26,403 underlying)
    26,403
  • Common Stock

    674,400
  • Stock Options (right to buy)

    Exercise: $2.20Exp: 2016-12-20Common Stock (100,000 underlying)
    100,000
Footnotes (4)
  • [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 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.
  • [F3]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.
  • [F4]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

1 file

Issuer

ORION ENERGY SYSTEMS, INC.

CIK 0001409375

Entity typeother

Related Parties

1
  • filerCIK 0001418603

Filing Metadata

Form type
4
Filed
May 24, 8:00 PM ET
Accepted
May 25, 6:28 PM ET
Size
10.6 KB