Verfuerth Patricia A 4

4 · ORION ENERGY SYSTEMS, INC. · Filed Feb 5, 2008

Form 4

Period: 2008-02-01

VP of Operations

Transactions

Exercise/Conversion
Stock Options (right to buy)
2008-02-01−10,000→ 40,000 total
Exercise: $2.20Exp: 2016-12-20→ Common Stock (10,000 underlying)
Exercise/Conversion
Common Stock
2008-02-01$2.20/sh+10,000$22,000→ 769,234 total

Holdings

Stock Options (right to buy)
(indirect: By Spouse)
Exercise: $2.20Exp: 2016-12-20→ Common Stock (204,546 underlying)
204,546
Stock Options (right to buy)
Exercise: $0.94From: 2007-03-31Exp: 2011-10-01→ Common Stock (50,000 underlying)
50,000
Common Stock
(indirect: By Spouse)
1,957,861
Stock Options (right to buy)
Exercise: $4.49From: 2008-07-27Exp: 2011-07-27→ Common Stock (125,974 underlying)
125,974
Stock Options (right to buy)
(indirect: By Spouse)
Exercise: $4.49From: 2008-07-27Exp: 2011-07-27→ Common Stock (180,958 underlying)
180,958
Stock Options (right to buy)
Exercise: $0.69From: 2004-03-31Exp: 2011-10-01→ Common Stock (7,665 underlying)
7,665

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.

Documents

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