X0306 4 2022-04-13 0001108967 Orbital Energy Group, Inc. OEG 0001102786 ONEIL JAMES F 1924 ALDINE WESTERN HOUSTON TX 77038 1 1 Chief Executive Officer Common Stock 2022-04-13 4 A 0 226902 A 1427165 D Restricted Stock Units 2022-04-13 4 A 0 662106 2.05 A Common Stock 662106 662106 D SARs 1 2022-04-13 4 D 0 187500 1.62 D Common Stock 187500 0 D SARs 2.89 2022-04-13 4 D 0 1600000 0.88 D Common Stock 1600000 0 D RSUs were issued in connection with cancellation of previously issued cash-settled SARS. Of the RSUs issued, 373,055 were fully vested and immediately convertible to common stock and the remaining 662,106 will vest in equal installments on the first and second anniversaries of the date of issuance. RSUs are convertible to common shares on a one-to-one basis. RSUs do not have expiration dates. Fully vested RSUs, which were immediately convertible to common stock, were issued in connection with the cancellation of previously issued cash-settled SARs. 373,055 shares were granted and 146,153 were withheld for payroll taxes. 187,500 SARs were exchanged for 148,276 RSUs, of which 134,629 were fully vested and immediately convertible into common stock and 13,647 will vest in equal installments on the first and second anniversaries of the date of issuance. 1,600,000 SARs were exchanged for 886,885 RSUs, of which 238,426 were fully vested and immediately convertible into common stock and 648,459 will vest in equal installments on the first and second anniversaries of the date of issuance. /s/ James F. O'Neil III 2022-04-18