J. Per Brodin - 15 Aug 2023 Form 4 Insider Report for ORION ENERGY SYSTEMS, INC. (OESX)

Role
EVP, CFO, CAO & Treasurer
Signature
/s/ Steven R. Barth, Attorney-in-Fact for J. Per Brodin
Issuer symbol
OESX
Transactions as of
15 Aug 2023
Net transactions value
$0
Form type
4
Filing time
16 Aug 2023, 13:28:57 UTC
Previous filing
04 Oct 2022
Next filing
01 Dec 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OESX Common Stock Award $0 +165,484 +110% $0.000000 315,588 15 Aug 2023 Direct F1
transaction OESX Common Stock Award $0 +110,323 +35% $0.000000 425,911 15 Aug 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Performance shares granted to the reporting person under the Orion Energy Systems, Inc. 2016 Omnibus Incentive Plan. The performance shares vest subject to achievement of certain performance goals over the performance period ending fiscal year 2026.
F2 Restricted stock granted to the reporting person under the Orion Energy Systems, Inc. 2016 Omnibus Incentive Plan. The restricted stock vests and becomes exercisable with respect to 1/3 of the restricted stock on each of August 15, 2024, 2025 and 2026, respectively.