4//SEC Filing
Nagaraj Varun 4
Accession 0001181431-11-028954
CIK 0000031347other
Filed
May 10, 8:00 PM ET
Accepted
May 11, 7:13 PM ET
Size
9.8 KB
Accession
0001181431-11-028954
Insider Transaction Report
Form 4
ECHELON CORPELON
Nagaraj Varun
Sen. VP Product Mgmt & Mktg.
Transactions
- Award
Stock Appreciation Right
2011-05-10+73,000→ 73,000 totalExercise: $10.62Exp: 2016-05-10→ Common Stock (73,000 underlying) - Award
Performance Shares
2011-05-10+35,000→ 35,000 totalExp: 2015-05-10→ Common Stock (35,000 underlying) - Award
Performance Shares
2011-05-10+40,000→ 40,000 totalExp: 2015-04-01→ Common Stock (40,000 underlying)
Footnotes (4)
- [F1]Pursuant to the Issuer's 1997 Plan (the "Plan") the Reporting Person was granted stock appreciation rights with respect to 73,000 shares. 1/4th of such shares will vest on May 10, 2012 and on each one year anniversary thereafter.
- [F2]Each performance shares represents the right to receive one share of the Issuer's Common Stock.
- [F3]Pursuant to the Plan the Reporting Person was granted 35,000 performance shares. 1/4th of such shares will vest on May 10, 2012 and on each one year anniversary thereafter.
- [F4]Pursuant to the Plan the Reporting Person was granted 40,000 performance shares. 20,000 shares will vest on May 10, 2012 and 20,000 shares will vest on May 10, 2013 and in each case subject to the satisfaction of certain performance criteria.
Documents
Issuer
ECHELON CORP
CIK 0000031347
Entity typeother
Related Parties
1- filerCIK 0001519936
Filing Metadata
- Form type
- 4
- Filed
- May 10, 8:00 PM ET
- Accepted
- May 11, 7:13 PM ET
- Size
- 9.8 KB