4/A//SEC Filing
Green Scott A. 4/A
Accession 0001567619-20-006986
CIK 0001409375other
Filed
Mar 24, 8:00 PM ET
Accepted
Mar 25, 12:07 PM ET
Size
15.7 KB
Accession
0001567619-20-006986
Insider Transaction Report
Form 4/AAmended
Green Scott A.
President and COO
Transactions
- Sale
Common Stock
2019-11-15$3.29/sh−125,000$411,438→ 10 total(indirect: By LLC) - Sale
Common Stock
2019-11-15$3.10/sh−10$31→ 0 total(indirect: By LLC) - Sale
Common Stock
2019-11-14$3.23/sh−15,270$49,261→ 148,473 total(indirect: By LLC) - Sale
Common Stock
2019-11-14$3.27/sh−19,145$62,642→ 163,743 total(indirect: By LLC) - Sale
Common Stock
2019-11-15$3.26/sh−23,473$76,635→ 125,000 total(indirect: By LLC)
Holdings
- 351,049
Common Stock
Footnotes (7)
- [F1]This amended Form 4 is being filed to correct the number of shares held directly and indirectly by the reporting person. The reporting person's initial Form 3 and subsequent Form 4 filings inadvertently over-reported a holding of 125,270 shares held indirectly by the reporting person's 401k plan that had been disposed of prior to his becoming a Section 16 reporting person. In addition, the reporting person's initial Form 3 and subsequent Form 4 filings inadvertently under-reported the reporting person's direct holdings by 50,000 shares that the reporting person held in an IRA at the time he became a Section 16 reporting person. Please refer to the reporting person's Form 3/A filed with the SEC on March 25, 2020. (continued in next footnote)
- [F2]Additionally, 175,648 shares sold by ANKMC, LLC were also inadvertently included in the reporting person's direct holdings balance. The duplication of these shares resulted from the reporting of the reporting person's purchases of 37,450 shares in June 2018 by ANKMC, LLC as direct holdings, and a transfer in June 2018 of 138,198 shares from the reporting person's direct holdings to ANKMC, LLC which was not reflected in the reporting person's direct holdings. This amended Form 4 is also being filed to include an additional sale of 10 shares from ANKMC, LLC which was not previously reported. The net amount of over-reported direct holdings, and the under-reported indirect holdings, result in the reporting person holding a total of 250,928 fewer shares than originally reported on the reporting person's Form 4 filed on November 18, 2019.
- [F3]The price in Column 4 is a weighted average price. The prices actually received ranged from $3.26 to $3.31. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range for all transactions reported in this Form 4 utilizing an average weighted price.
- [F4]Shares owned by ANKMC, LLC, of which the reporting person is the sole member.
- [F5]The price in Column 4 is a weighted average price. The prices actually received ranged from $3.205 to $3.30. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range for all transactions reported in this Form 4 utilizing an average weighted price.
- [F6]The price in Column 4 is a weighted average price. The prices actually received ranged from $3.25 to $3.30. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range for all transactions reported in this Form 4 utilizing an average weighted price.
- [F7]The price in Column 4 is a weighted average price. The prices actually received ranged from $3.18 to $3.39. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range for all transactions reported in this Form 4 utilizing an average weighted price.
Documents
Issuer
ORION ENERGY SYSTEMS, INC.
CIK 0001409375
Entity typeother
Related Parties
1- filerCIK 0001681065
Filing Metadata
- Form type
- 4/A
- Filed
- Mar 24, 8:00 PM ET
- Accepted
- Mar 25, 12:07 PM ET
- Size
- 15.7 KB