Filing Details

Accession Number:
0001140361-17-029433
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-07-31 17:39:13
Reporting Period:
2017-07-27
Filing Date:
2017-07-31
Accepted Time:
2017-07-31 17:39:13
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 2017-07-27 6,346 $1.03 76,278 No 4 S Indirect By TMS Trust
Common Stock Disposition 2017-07-28 6,278 $1.04 70,000 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
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
  1. The price in Column 4 is a weighted average price. The prices actually received ranged from $1.03 to $1.05. 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.
  2. By the John H. Scribante and Tina M. Scribante TR UA 06/05/01 TMS Trust.
  3. The price in Column 4 is a weighted average price. The prices actually received ranged from $1.04 to $1.05. 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.
  4. 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.
  5. 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.
  6. 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.
  7. 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.
  8. 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.
  9. 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.