Home > Insider Trading > Filing (0001140361-11-031542)

Filing Details

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
1512344	Richard Gaumer	2210 Woodland Drive Manitowoc WI 54220	Executive Vice President	No	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	2011-06-02	500	$4.00	800	No	4	P	Indirect	By Spouse in IRA

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Indirect	By Spouse in 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)	$3.93		2021-02-04	100,000	100,000	Direct
Common Stock	Stock Options (right to buy)	$4.19		2021-05-23	15,724	15,724	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2021-02-04	100,000	100,000	Direct
2021-05-23	15,724	15,724	Direct

Footnotes

Grant to reporting person of option to buy shares under the 2004 Stock and Incentive Awards Plan. This option, granted February 4, 2011, vests and becomes exercisable in 20% increments on February 4, 2012, 2013, 2014, 2015 and 2016, respectively
The option will vest and become exercisable immediately only if the Issuer satisfies certain financial performance criteria relating to revenues, net income and free cash flow during the fiscal year ending March 31, 2012, and if the Issuer's stock price equals or exceeds $5.00 per share for at least 20 trading days during any 90-day period during the option's ten-year term.