PLUSH MARK J 4
4 · ENERGY FOCUS, INC/DE · Filed Feb 27, 2013
Insider Transaction Report
Form 4
PLUSH MARK J
Chief Financial Officer and VP
Transactions
- Award
Stock option
2013-02-26+125,000→ 450,000 totalExercise: $0.23From: 2014-03-31Exp: 2023-02-26→ Common Stock (125,000 underlying)
Holdings
- 200,000
Stock option
Exercise: $0.54From: 2012-07-07Exp: 2021-07-07→ Common Stock (200,000 underlying) - 19,796
Common Stock
- 325,000
Warrants to purchase Common Stock
Exercise: $0.01From: 2011-09-10Exp: 2016-08-11→ Common Stock (125,000 underlying)
Footnotes (4)
- [F1]25% is exercisable on the date shown, and the remaining 75% becomes exercisable monthly in equal amounts over the following 36 months.
- [F2]25% of target granted options are earned if 2013 revenues meet or exceed 85% of the budget, and/or 75% of target granted options are earned if 2013 EBITDA meet or exceed 85% of budget.
- [F3]Options EARNED will vest as follows: 1/3 on March 31, 2014, and the remaining 2/3rd's monthly over the following 24 months ending March 31, 2016.
- [F4]Date applies to options EARNED. If the options granted are not EARNED, the option grants are terminated.