Filing Details
- Accession Number:
- 0001140361-17-028485
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2017-07-24 17:53:25
- Reporting Period:
- 2017-07-20
- Filing Date:
- 2017-07-24
- Accepted Time:
- 2017-07-24 17:53:25
- 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 |
|---|---|---|---|---|---|---|---|
| 1418607 | H John Scribante | 2210 Woodland Drive Manitowoc WI 54220 | Yes | No | No | Yes |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Disposition | 2017-07-20 | 20,000 | $1.06 | 118,100 | No | 4 | S | Indirect | By TMS Trust |
| Common Stock | Disposition | 2017-07-21 | 12,000 | $1.09 | 106,100 | No | 4 | S | Indirect | By TMS Trust |
| Common Stock | Disposition | 2017-07-24 | 5,100 | $1.08 | 101,000 | No | 4 | S | Indirect | By TMS Trust |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Indirect | By TMS Trust |
| No | 4 | S | Indirect | By TMS Trust |
| No | 4 | S | Indirect | By TMS Trust |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 40,000 | Indirect | By IRA |
Reported Derivative Holdings
| Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|---|---|---|---|
| Common Stock | Stock Options (right to buy) | $5.35 | 2018-08-08 | 21,452 | 21,452 | Direct | |
| Common Stock | Stock Options (right to buy) | $3.78 | 2019-05-19 | 11,759 | 11,759 | Direct | |
| Common Stock | Stock Options (right to buy) | $3.01 | 2019-09-01 | 200,000 | 200,000 | Direct | |
| Common Stock | Stock Options (right to buy) | $3.46 | 2020-05-18 | 16,731 | 16,731 | Direct | |
| Common Stock | Stock Options (right to buy) | $2.03 | 2022-06-12 | 80,000 | 80,000 | Direct | |
| Common Stock | Stock Options (right to buy) | $1.62 | 2022-11-12 | 100,000 | 100,000 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 2018-08-08 | 21,452 | 21,452 | Direct |
| 2019-05-19 | 11,759 | 11,759 | Direct |
| 2019-09-01 | 200,000 | 200,000 | Direct |
| 2020-05-18 | 16,731 | 16,731 | Direct |
| 2022-06-12 | 80,000 | 80,000 | Direct |
| 2022-11-12 | 100,000 | 100,000 | Direct |
Footnotes
- The price in Column 4 is a weighted average price. The prices actually received ranged from $1.02 to $1.10. 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 a weighted average price.
- By the John H. Scribante and Tina M. Scribante TR UA 06/05/01 TMS Trust.
- The price in Column 4 is a weighted average price. The prices actually received ranged from $1.065 to $1.10. 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 a weighted average price.
- The price in Column 4 is a weighted average price. The prices actually received ranged from $1.06 to $1.11. 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 a weighted average price.
- Grant to reporting person of option to buy shares under the 2004 Stock and Incentive Awards Plan. This option, granted August 8, 2008, became 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, became 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 September 1, 2009, became exercisable in 50,000 share increments when the average trading price of the Issuer's common stock equals or exceeds $4.00, $5.00, $6.00, $7.00 and $ 8.00 per share.
- Grant to reporting person of option to buy shares under the 2004 Stock and Incentive Awards Plan. This option, granted May 18, 2010, became exercisable in 20% increments on May 18, 2011, 2012, 2013, 2014 and 2015, respectively.
- Grant to reporting person of option to buy shares under the 2004 Stock and Incentive Awards Plan. This option, granted June 12, 2012, became exercisable in four equal installments on June 12, 2013, 2014, 2015 and 2016, respectively.
- Grant to reporting person of option to buy shares under the 2004 Stock and Incentive Awards Plan. This option, granted November 12, 2012, became exercisable in three equal installments on November 12, 2013, 2014 and 2015, respectively.
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