4//SEC Filing
Verfuerth Neal R 4
Accession 0001225208-10-016530
CIK 0001409375other
Filed
Jul 1, 8:00 PM ET
Accepted
Jul 2, 5:07 PM ET
Size
19.7 KB
Accession
0001225208-10-016530
Insider Transaction Report
Form 4
Verfuerth Neal R
DirectorPresident and CEO
Transactions
- Exercise/Conversion
Common Stock
2010-06-30$2.20/sh+20,000$44,000→ 789,234 total(indirect: By Spouse) - Exercise/Conversion
Stock Options (right to buy)
2010-06-30−20,000→ 20,000 total(indirect: By Spouse)Exercise: $2.20Exp: 2016-12-20→ Common Stock (20,000 underlying) - Tax Payment
Common Stock
2010-06-30$3.16/sh−15,908$50,269→ 773,326 total(indirect: By Spouse)
Holdings
- 1,650(indirect: By Spouse)
Stock Options (right to buy)
Exercise: $5.35Exp: 2008-08-08→ Common Stock (1,650 underlying) - 1,877,861
Common Stock
- 204,546
Stock Options (right to buy)
Exercise: $2.20Exp: 2016-12-20→ Common Stock (204,546 underlying) - 108,911
Stock Options (right to buy)
Exercise: $5.35Exp: 2018-08-08→ Common Stock (108,911 underlying) - 35,276
Stock Options (right to buy)
Exercise: $3.78Exp: 2019-05-19→ Common Stock (35,276 underlying) - 34,207
Stock Options (right to buy)
Exercise: $3.46Exp: 2020-05-18→ Common Stock (34,207 underlying) - 180,958
Stock Options (right to buy)
Exercise: $4.49From: 2008-07-27Exp: 2011-07-27→ Common Stock (180,958 underlying) - 125,974(indirect: By Spouse)
Stock Options (right to buy)
Exercise: $4.49From: 2008-07-27Exp: 2011-07-27→ Common Stock (125,974 underlying)
Footnotes (6)
- [F1]The reporting person effected a "net exercise" of her stock option for 20,000 shares by paying the exercise price and related tax withholding liabilities by relinquishing her rights to receive 15,908 of the shares otherwise receivable upon the exercise of her option. The price used to effect this net exercise was the closing sale price on the date of exercise of $3.16 per share.
- [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.
- [F4]Grant to reporting person of option to buy shares under the 2004 Stock and Incentive Awards Plan. This option, granted May 19, 2009, vests and becomes exercisable in 20% increments on May 19, 2010, 2011, 2012, 2013 and 2014, respectively.
- [F5]Grant to reporting person of option to buy shares under the 2004 Stock and Incentive Awards Plan. This option, granted May 18, 2010, vests and becomes exercisable in 20% increments on May 18, 2011, 2012, 2013, 2014 and 2015, respectively.
- [F6]Grant to reporting person of option to buy shares under the 2004 Stock and Incentive Awards Plan. This option, granted July 27, 2007, became fully exercisable on July 27, 2008.
Documents
Issuer
ORION ENERGY SYSTEMS, INC.
CIK 0001409375
Entity typeother
Related Parties
1- filerCIK 0001420983
Filing Metadata
- Form type
- 4
- Filed
- Jul 1, 8:00 PM ET
- Accepted
- Jul 2, 5:07 PM ET
- Size
- 19.7 KB