0001140361-11-029936.txt : 20110525
0001140361-11-029936.hdr.sgml : 20110525
20110525182741
ACCESSION NUMBER: 0001140361-11-029936
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20110523
FILED AS OF DATE: 20110525
DATE AS OF CHANGE: 20110525
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Verfuerth Neal R
CENTRAL INDEX KEY: 0001420983
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-33887
FILM NUMBER: 11872179
MAIL ADDRESS:
STREET 1: ORION ENERGY SYSTEMS, INC.
STREET 2: 1204 PILGRIM ROAD
CITY: PLYMOUTH
STATE: WI
ZIP: 53073
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: ORION ENERGY SYSTEMS, INC.
CENTRAL INDEX KEY: 0001409375
STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC LIGHTING & WIRING EQUIPMENT [3640]
IRS NUMBER: 391847269
STATE OF INCORPORATION: WI
FISCAL YEAR END: 0331
BUSINESS ADDRESS:
STREET 1: 1204 PILGRIM ROAD
CITY: PLYMOUTH
STATE: WI
ZIP: 53073
BUSINESS PHONE: 800-660-9340
MAIL ADDRESS:
STREET 1: 1204 PILGRIM ROAD
CITY: PLYMOUTH
STATE: WI
ZIP: 53073
4
1
doc1.xml
FORM 4
X0303
4
2011-05-23
0
0001409375
ORION ENERGY SYSTEMS, INC.
OESX
0001420983
Verfuerth Neal R
2210 WOODLAND DRIVE
MANITOWOC
WI
54220
1
1
0
0
Chief Executive Officer
Common Stock
1807861
D
Stock Options (right to buy)
4.19
2011-05-23
4
A
0
36166
0
A
2021-05-23
Common Stock
36166
36166
D
Stock Options (right to buy)
2.2
2016-12-20
Common Stock
204546
204546
D
Stock Options (right to buy)
4.49
2011-07-27
Common Stock
180958
180958
D
Stock Options (right to buy)
5.35
2018-08-08
Common Stock
108911
108911
D
Stock Options (right to buy)
3.78
2019-05-19
Common Stock
35276
35276
D
Stock Options (right to buy)
3.46
2020-05-18
Common Stock
34207
34207
D
Due to changed circumstances, and not to any direct or indirect transfer of any securities or any transaction, the reporting person no longer has a reportable beneficial ownership interest in shares of common stock owned by his spouse.
The option will vest and become exercisable immediately only if the Issuer satisfies certain financial performance criteria relating to revenues, net income and free cash flow during the fiscal year ending March 31, 2012, and if the Issuer's stock price equals or exceeds $5.00 per share for at least 20 trading days during any 90-day period during the option's ten-year term.
Grant to reporting person of option to buy shares under the 2004 Equity Incentive Plan. This option, granted December 20, 2006, vests and becomes exercisable in 20% increments on December 20, 2007, 2008, 2009, 2010 and 2011, respectively.
Grant to reporting person of option to buy shares under the 2004 Stock and Incentive Awards Plan. This option, granted July 27, 2007, became fully exercisable on July 27, 2008.
Grant to reporting person of option to buy shares under the 2004 Stock and Incentive Awards Plan. This option, granted August 8, 2008, vests and becomes exercisable in 20% increments on August 8, 2009, 2010, 2011, 2012 and 2013, respectively.
Grant to reporting person of option to buy shares under the 2004 Stock and Incentive Awards Plan. This option, granted May 19, 2009, vests and becomes exercisable in 20% increments on May 19, 2010, 2011, 2012, 2013 and 2014, respectively.
Grant to reporting person of option to buy shares under the 2004 Stock and Incentive Awards Plan. This option, granted May 18, 2010, vests and becomes exercisable in 20% increments on May 18, 2011, 2012, 2013, 2014 and 2015, respectively.
/s/ Steven R. Barth, Attorney-in-Fact
2011-05-25