Filing Details

Accession Number:
0001140361-15-021878
Form Type:
4
Zero Holdings:
No
Publication Time:
2015-05-27 15:18:10
Reporting Period:
2015-05-26
Filing Date:
2015-05-27
Accepted Time:
2015-05-27 15:18:10
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
Chief Executive Officer Yes Yes No No
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 Acquisiton 2015-05-26 143,441 $0.00 387,898 No 4 A Direct
Common Stock Acquisiton 2015-05-27 4,000 $2.36 42,333 No 4 P Indirect By TMS Trust
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 P Indirect By TMS Trust
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 23,815 Indirect By Garden Villa on 3rd LLC
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Stock Options (right to buy) $2.50 2016-06-02 40,000 40,000 Direct
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 2019-09-01 250,000 250,000 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 2022-06-12 100,000 100,000 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
2016-06-02 40,000 40,000 Direct
2018-08-08 21,452 21,452 Direct
2019-05-19 11,759 11,759 Direct
2019-09-01 250,000 250,000 Direct
2020-05-18 16,731 16,731 Direct
2022-06-12 100,000 100,000 Direct
2022-11-12 100,000 100,000 Direct
Footnotes
  1. Restricted stock granted to the reporting person under the 2004 Stock and Incentive Awards Plan. The restricted stock vests and becomes exercisable with respect to 1/3 of the restricted stock on each of May 26, 2016, 2017 and 2018, respectively.
  2. The price in Column 4 is a weighted average price. The prices actually paid ranged from $2.338 to $2.38. 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 purchased at each price within the range for all transactions reported in this Form 4 utilizing an average weighted price.
  3. By the John H. Scribante and Tina M. Scribante TR UA 06/05/01 TMS Trust.
  4. Grant to reporting person of option to buy shares under the 2004 Stock and Incentive Awards Plan. This option, granted June 2, 2006, became fully exercisable on March 31, 2011.
  5. 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.
  6. 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.
  7. Grant to reporting person of option to buy shares under the 2004 Stock and Incentive Awards Plan. This option, granted September 1, 2009, will vest and become 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.
  8. 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.
  9. Grant to reporting person of option to buy shares under the 2004 Stock and Incentive Awards Plan. This option, granted June 12, 2012, vests and becomes exercisable in 20% increments on June 12, 2013, 2014, 2015, 2016 and 2017, respectively.
  10. Grant to reporting person of option to buy shares under the 2004 Stock and Incentive Awards Plan. This option, granted November 12, 2012, vests and becomes exercisable in three equal installments on November 12, 2013, 2014 and 2015, respectively.