Waibel Daniel J 4
4 · ORION ENERGY SYSTEMS, INC. · Filed Nov 2, 2009
Insider Transaction Report
Form 4
Waibel Daniel J
Pres. Asset Management Div.
Transactions
- Sale
Common Stock
2009-10-29$3.75/sh−13,968$52,380→ 750,000 total - Sale
Common Stock
2009-10-29$4.00/sh−66,000$264,000→ 684,000 total
Holdings
- 100,000
Stock Options (right to buy)
Exercise: $2.20Exp: 2016-12-20→ Common Stock (100,000 underlying) - 26,403
Stock Options (right to buy)
Exercise: $5.35Exp: 2018-08-08→ Common Stock (26,403 underlying)
Footnotes (3)
- [F1]The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 1, 2009.
- [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.