MARKKULA ARMAS CLIFFORD 4
4 · ECHELON CORP · Filed May 21, 2010
Insider Transaction Report
Form 4
ECHELON CORPELON
MARKKULA ARMAS CLIFFORD
Director
Transactions
- Exercise/Conversion
Common Stock
2010-05-19$6.81/sh+10,000$68,100→ 10,000 total - Gift
Common Stock
2010-05-19−10,000→ 0 total - Gift
Common Stock
2010-05-19+10,000→ 1,645,110 total(indirect: See footnote) - Exercise/Conversion
Director Stock Option (Right to buy)
2010-05-19−10,000→ 0 totalExercise: $6.81From: 2005-05-27Exp: 2010-05-27→ Common Stock (10,000 underlying)
Holdings
- 121,928(indirect: See footnote)
Common Stock
Footnotes (2)
- [F1]1,645,110 shares are held by the Restated Arlin Trust Dated December 12, 1990, of which the Reporting Person and his spouse serve as co-trustees.
- [F2]These shares are held by the Markkula Family Limited Partnership, of which the Reporting Person and his spouse serve as general partners. The Reporting Person disclaims beneficial ownership of all but 27,500 shares.