Michael H. Jenkins - Aug 15, 2023 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 H. Jenkins
Stock symbol
OESX
Transactions as of
Aug 15, 2023
Transactions value $
$0
Form type
4
Date filed
8/16/2023, 01:40 PM
Previous filing
Nov 28, 2022
Next filing
Nov 29, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OESX Common Stock Award $0 +247K +105.27% $0.00 481K Aug 15, 2023 Direct F1
transaction OESX Common Stock Award $0 +165K +34.19% $0.00 646K Aug 15, 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.