Michael W. Altschaefl - 24 Jun 2022 Form 4 Insider Report for ORION ENERGY SYSTEMS, INC. (OESX)

Role: CEO and Board Chair, Director
Signature: /s/ Steven R. Barth, Attorney-in-Fact for Michael W. Altschaefl
Issuer symbol: OESX
Transactions as of: 24 Jun 2022
Net transactions value: +$20,408
Form type: 4
Filing time: 24 Jun 2022, 16:02:23 UTC
Previous filing: 16 Sep 2022
Next filing: 26 May 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	Purchase	$20,408	+10,000	+0.98%	$2.04	1,035,156	24 Jun 2022	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)						36,568	24 Jun 2022	Common Stock	36,568	$2.41	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average price. The prices actually received ranged from $2.0336 to $2.0549. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares purchased at each price within the range for all transactions reported in this Form 4 utilizing a weighted average price.
F2	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.

Content

The price reported in Column 4 is a weighted average price. The prices actually received ranged from $2.0336 to $2.0549. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares purchased at each price within the range for all transactions reported in this Form 4 utilizing a weighted average price.

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.