von Estorff Eric 4
4 · ORION ENERGY SYSTEMS, INC. · Filed Feb 5, 2008
Insider Transaction Report
Form 4
von Estorff Eric
VP, Gen Counsel and Secretary
Transactions
- Exercise/Conversion
Stock Options (right to buy)
2008-02-04−10,000→ 40,000 totalExercise: $2.20Exp: 2016-12-20→ Common Stock (10,000 underlying) - Exercise/Conversion
Common Stock
2008-02-04$2.20/sh+10,000$22,000→ 10,000 total
Holdings
- 190,000
Stock Options (right to buy)
Exercise: $1.50Exp: 2013-05-01→ Common Stock (190,000 underlying)
Footnotes (2)
- [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 May 1, 2003, vests and becomes exercisable in 20% increments on March 31, 2005, 2006, 2007, 2008 and 2009, respectively.