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