BUELOW ROGER 4
4 · ENERGY FOCUS, INC/DE · Filed Feb 17, 2009
Insider Transaction Report
Form 4
BUELOW ROGER
VP and Chief Technology Office
Transactions
- Award
Stock Options for Common Stock
2009-02-10+25,000→ 131,750 totalExercise: $0.75Exp: 2019-02-10→ Common Stock (25,000 underlying)
Footnotes (2)
- [F1]These options are performance-based and will only be exercisable based upon (2) below if and only if Energy Focus, Inc. meets specific financial performance criteria. If these conditions are not met, then the stock options will be forfeited.
- [F2]Twenty-five percent become exercisable on February 10, 2010, and the remaining 75% become exercisable monthly in equal amounts over the following 36 months.