Mark C. Williamson - 04 Jun 2021 Form 4 Insider Report for ORION ENERGY SYSTEMS, INC. (OESX)

Role
Director
Signature
/s/ Steven R. Barth, Attorney-in-Fact for Mark C. Williamson
Issuer symbol
OESX
Transactions as of
04 Jun 2021
Net transactions value
$0
Form type
4
Filing time
07 Jun 2021, 19:44:26 UTC
Next filing
13 Jun 2022
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 +5,016 +3.9% $0.000000 134,741 04 Jun 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) 26,646 04 Jun 2021 Common Stock 26,646 $2.03 Direct F2
holding OESX Stock Options (right to buy) 36,568 04 Jun 2021 Common Stock 36,568 $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.