Home > Insider Trading > Filing (0001225208-10-007190)

Filing Details

Accession Number:: 0001225208-10-007190
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2010-03-04 12:00:00
Reporting Period:: 2010-03-02

Filing Date:: 2010-03-04
Accepted Time:: 2010-03-04 18:02:02
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1409375	Orion Energy Systems Inc.	OESX	Electric Lighting & Wiring Equipment (3640)	391847269

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1420983	R Neal Verfuerth	2210 Woodland Drive Manitowoc WI 54220	Chief Executive Officer	Yes	Yes	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Disposition	2010-03-02	20,000	$5.42	1,937,861	No	4	S	Direct
Common Stock	Disposition	2010-03-03	20,000	$5.31	1,917,861	No	4	S	Direct
Common Stock	Disposition	2010-03-04	20,000	$5.19	1,897,861	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	769,234	Indirect	By Spouse

Reported Derivative Holdings

Show Other Fields >>

Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Stock	Stock Options (right to buy)	$2.20		2016-12-20	204,546	204,546	Direct
Common Stock	Stock Options (right to buy)	$5.35		2018-08-08	108,911	108,911	Direct
Common Stock	Stock Options (right to buy)	$3.78		2019-05-19	35,276	35,276	Direct
Common Stock	Stock Options (right to buy)	$4.49	2008-07-27	2011-07-27	180,958	180,958	Direct
Common Stock	Stock Options (right to buy)	$5.35		2008-08-08	1,650	1,650	Indirect
Common Stock	Stock Options (right to buy)	$2.20		2016-12-20	40,000	40,000	Indirect
Common Stock	Stock Options (right to buy)	$4.49	2008-07-27	2011-07-27	125,974	125,974	Indirect

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2016-12-20	204,546	204,546	Direct
2018-08-08	108,911	108,911	Direct
2019-05-19	35,276	35,276	Direct
2011-07-27	180,958	180,958	Direct
2008-08-08	1,650	1,650	Indirect
2016-12-20	40,000	40,000	Indirect
2011-07-27	125,974	125,974	Indirect

Footnotes

The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 16, 2010.
The price in Column 4 is a weighted average price. The prices actually received ranged from $5.3290 to $5.5625. 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.
The price in Column 4 is a weighted average price. The prices actually received ranged from $5.2500 to $5.4310. 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.
The price in Column 4 is a weighted average price. The prices actually received ranged from $5.11 to $5.30. 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.
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.
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.
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.
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.