ORION ENERGY SYSTEMS, INC. 4
4 · ORION ENERGY SYSTEMS, INC. · Filed Jan 2, 2008
Insider Transaction Report
Form 4
Verfuerth Patricia A
VP of Operations
Transactions
- Exercise/Conversion
Common Stock
2007-12-31$2.20/sh+45,454$99,999→ 1,957,861 total(indirect: By Spouse) - Exercise/Conversion
Stock Options (right to buy)
[F1]2007-12-31−45,454→ 204,546 total(indirect: By Spouse)Exercise: $2.20Exp: 2016-12-20→ Common Stock (45,454 underlying)
Holdings
- 759,234
Common Stock
- 7,665
Stock Options (right to buy)
[F2]Exercise: $0.69From: 2004-03-31Exp: 2011-10-01→ Common Stock (7,665 underlying) - 50,000
Stock Options (right to buy)
[F3]Exercise: $0.94From: 2007-03-31Exp: 2011-10-01→ Common Stock (50,000 underlying) - 50,000
Stock Options (right to buy)
[F1]Exercise: $2.20Exp: 2016-12-20→ Common Stock (50,000 underlying) - 125,974
Stock Options (right to buy)
[F4]Exercise: $4.49From: 2008-07-27Exp: 2011-07-27→ Common Stock (125,974 underlying) - 180,958(indirect: By Spouse)
Stock Options (right to buy)
[F4]Exercise: $4.49From: 2008-07-27Exp: 2011-07-27→ Common Stock (180,958 underlying)
Footnotes (4)
- [F1]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.
- [F2]Grant to reporting person of option to buy shares under the 2003 Stock Option Plan. This option, granted October 1, 2001, became fully vested on March 31, 2004.
- [F3]Grant to reporting person of option to buy shares under the 2003 Stock Option Plan. This option, granted October 1, 2001, became fully vested on March 31, 2007.
- [F4]Grant to reporting person of option to buy shares under the 2004 Equity Incentive Plan. This option, granted July 27, 2007, becomes fully exercisable on July 27, 2008.
Signature
Peter C. Underwood, Attorney-in-Fact|2008-01-02