Michael W. Altschaefl - Jun 4, 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
Jun 4, 2021
Transactions value $
$0
Form type
4
Date filed
6/7/2021, 07:30 PM
Previous filing
May 25, 2021
Next filing
Nov 29, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OESX Common Stock Award $0 +71.1K +9.49% $0.00 820K Jun 4, 2021 Direct F1

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
holding OESX Stock Options (right to buy) 26.6K Jun 4, 2021 Common Stock 26.6K $2.03 Direct F2
holding OESX Stock Options (right to buy) 36.6K Jun 4, 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 Restricted stock granted to the reporting person under the Orion Energy Systems, Inc. 2016 Omnibus Incentive Plan, as amended. The restricted stock vests and becomes exercisable with respect to 1/3 of the restricted stock on each of June 4, 2022, 2023 and 2024, 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.