von Estorff Eric 4
4 · ORION ENERGY SYSTEMS, INC. · Filed Jan 13, 2010
Insider Transaction Report
Form 4
von Estorff Eric
VP, Gen Counsel and Secretary
Transactions
- Exercise/Conversion
Stock Options (right to buy)
2010-01-12−20,000→ 20,000 totalExercise: $1.50Exp: 2013-05-01→ Common Stock (20,000 underlying) - Sale
Common Stock
2010-01-12$5.55/sh−10,000$55,506→ 170,000 total - Exercise/Conversion
Common Stock
2010-01-12$1.50/sh+20,000$30,000→ 180,000 total - Sale
Common Stock
2010-01-12$5.44/sh−10,000$54,421→ 160,000 total
Holdings
- 40,000
Stock Options (right to buy)
Exercise: $2.20Exp: 2016-12-20→ Common Stock (40,000 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 November 12, 2009.
- [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.
- [F3]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.