ECHELON CORP 4
4 · ECHELON CORP · Filed Oct 27, 2009
Insider Transaction Report
Form 4
ECHELON CORPELON
BRUGGINK FREDERIK
Sr. VP & GM of Ser Prov Gp
Transactions
- Exercise/Conversion
Common Stock
2009-10-23+3,750→ 249,041 total - Tax Payment
Common Stock
2009-10-23$13.56/sh−125$1,695→ 248,916 total - Exercise/Conversion
Performance Shares
2009-10-23−3,750→ 11,250 totalExp: 2012-10-23→ Common Stock (3,750 underlying)
Footnotes (2)
- [F1]Each performance share represents the right to receive one share of the Issuer's Common Stock.
- [F2]3,750 of the 15,000 shares granted to the Reporting Person under the Issuer's 1997 Stock Plan were vested and released to the Reporting Person effective October 23, 2009. Such 15,000 share grant vests at the following rate: 1/4th of such shares on October 23, 2009 and on each one year anniversary thereafter.