Michael W. Altschaefl - May 21, 2021 Form 4 Insider Report for ORION ENERGY SYSTEMS, INC. (OESX)

Role
Chief Executive Officer, Director
Signature
/s/ Steven R. Barth, Attorney-in-Fact for Michael W. Altschaefl
Stock symbol
OESX
Transactions as of
May 21, 2021
Transactions value $
$92,369
Form type
4
Date filed
5/25/2021, 11:01 AM
Next filing
Jun 7, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OESX Common Stock Options Exercise $92.4K +22K +3.03% $4.19 749K May 21, 2021 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction OESX Stock Options (right to buy) Options Exercise $0 -22K -100% $0.00* 0 May 21, 2021 Common Stock 22K $4.19 Direct F1
holding OESX Stock Options (right to buy) 26.6K May 21, 2021 Common Stock 26.6K $2.03 Direct F2
holding OESX Stock Options (right to buy) 36.6K May 21, 2021 Common Stock 36.6K $2.41 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Grant to reporting person of option to buy shares under the 2004 Stock and Incentive Awards Plan. This option, granted May 23, 2011, vested and became exercisable in three equal installments on May 23, 2012, 2013 and 2014, respectively.
F2 Grant to reporting person of option to buy shares under the 2004 Stock and Incentive Awards Plan. This option, granted June 12, 2012, vested and became exercisable in three equal installments on June 12, 2013, 2014 and 2015, respectively.
F3 Grant to reporting person of option to buy shares under the 2004 Stock and Incentive Awards Plan. This option, granted May 28, 2013, vested and became exercisable in three equal installments on December 31, 2013, 2014 and 2015, respectively.