4//SEC Filing
STANFIELD OLIVER R 4
Accession 0001181431-11-033700
CIK 0000031347other
Filed
May 30, 8:00 PM ET
Accepted
May 31, 7:05 PM ET
Size
15.9 KB
Accession
0001181431-11-033700
Insider Transaction Report
Form 4
ECHELON CORPELON
STANFIELD OLIVER R
Executive VP and CFO
Transactions
- Exercise/Conversion
Performance Shares
2011-05-26−8,750→ 26,250 totalExp: 2014-05-26→ Common Stock (8,750 underlying) - Tax Payment
Common Stock
2011-05-27$9.44/sh−1,146$10,818→ 68,787 total - Exercise/Conversion
Common Stock
2011-05-27+3,125→ 69,933 total - Tax Payment
Common Stock
2011-05-26$9.44/sh−3,209$30,293→ 66,808 total - Exercise/Conversion
Common Stock
2011-05-26+8,750→ 70,017 total - Exercise/Conversion
Performance Shares
2011-05-27−3,125→ 3,125 totalExp: 2012-05-27→ Common Stock (3,125 underlying)
Holdings
- 11,000(indirect: See footnote)
Common Stock
- 565,810(indirect: See footnote)
Common Stock
- 250(indirect: See footnote)
Common Stock
Footnotes (6)
- [F1]These shares are held by the Stanfield Family Trust UDT February 2, 2001, of which the Reporting Person and his spouse serve as co-trustees.
- [F2]These shares are held by the Reporting Person's spouse.
- [F3]These shares are held by the Calvin Family Trust (the "Trust"). The Reporting Person was appointed Co-Trustee of the Trust, which is for the benefit of the Reporting Person's step-parent. The Reporting Person disclaims beneficial ownership of the shares except to the extent of his pecuniary interest.
- [F4]Each performance share represents the right to receive one share of the Issuer's Common Stock.
- [F5]8,750 of the 35,000 shares granted to the Reporting person under the Issuer's 1997 Stock Plan (the "Plan") were vested and released to the Reporting Person effective May 26, 2011. Such 35,000 share grant vests at the following rate: 1/4th of such shares on May 26, 2011 and on each one year anniversary thereafter.
- [F6]3,125 of the 12,500 shares granted to the Reporting Person under the Plan were vested and released to the Reporting Person effective May 27, 2011. Such 12,500 share grant vests at the following rate: 1/4th of such shares on May 27, 2009 and on each one year anniversary thereafter.
Documents
Issuer
ECHELON CORP
CIK 0000031347
Entity typeother
Related Parties
1- filerCIK 0001227363
Filing Metadata
- Form type
- 4
- Filed
- May 30, 8:00 PM ET
- Accepted
- May 31, 7:05 PM ET
- Size
- 15.9 KB