BRUGGINK FREDERIK 4
4 · ECHELON CORP · Filed Nov 3, 2009
Insider Transaction Report
Form 4
ECHELON CORPELON
BRUGGINK FREDERIK
Sr. VP & GM of Ser Prov Gp
Transactions
- Exercise/Conversion
Performance Shares
2009-10-31−2,187→ 2,187 totalExp: 2011-10-31→ Common Stock (2,187 underlying) - Exercise/Conversion
Common Stock
2009-10-31+2,187→ 251,103 total - Tax Payment
Common Stock
2009-10-31$13.43/sh−73$980→ 251,030 total
Footnotes (2)
- [F1]Each performance share represents the right to receive one share of the Issuer's Common Stock.
- [F2]2,187 of the 8,750 shares granted to the Reporting Person under the Issuer's 1997 Stock Plan were vested and released to the Reporting Person effective October 31, 2009. Such 8,750 share grant vests at the following rate: 1/4th of such shares on October 31, 2007 and on each one year anniversary thereafter.