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4//SEC Filing

OSHMAN M KENNETH 4

Accession 0001181431-11-034278

CIK 0000031347other
View on SEC.govCompany Profile

Filed

Jun 1, 8:00 PM ET

Accepted

Jun 2, 4:14 PM ET

Size

20.7 KB

Accession

0001181431-11-034278

Insider Transaction Report

Form 4
Period: 2011-06-01
ECHELON CORPELON
OSHMAN M KENNETH
DirectorChairman of the Board & CEO10% Owner
Transactions
  • Gift

    Common Stock

    2011-06-02−1,073→ 0 total
  • Sale

    Common Stock

    2011-06-02$9.36/sh−1,073$10,045→ 1,830,136 total(indirect: See footnote)
  • Exercise/Conversion

    Performance Shares

    2011-06-01−1,694→ 33,876 total
    Exp: 2013-03-01→ Common Stock (1,694 underlying)
  • Tax Payment

    Common Stock

    2011-06-01$9.33/sh−621$5,794→ 1,073 total
  • Exercise/Conversion

    Common Stock

    2011-06-01+1,694→ 1,694 total
Holdings

  • Common Stock

    (indirect: See footnote)
    488,428

  • Common Stock

    (indirect: See footnote)
    210,492

  • Common Stock

    (indirect: See footnote)
    268,638

  • Common Stock

    (indirect: See footnote)
    89,508

  • Common Stock

    (indirect: See footnote)
    98,107
Footnotes (13)
  • [F1]These shares are held by the Oshman Trust dated July 10, 1979, of which the Reporting Person and his spouse, Barbara S. Oshman, serve as co-trustees.
  • [F10]These shares are held by the Barbara S. Oshman 2011 Annuity Trust #1 dated February 25, 2011.
  • [F11]Each performance share represents the right to receive one share of the Issuer's Common Stock.
  • [F12]This trade was executed pursuant to a Rule 10b5-1 trading plan adopted on March 7, 2011.
  • [F13]1,694 of the 40,651 shares granted to M. Kenneth Oshman under the Issuer's 1997 Stock Plan were vested and released to M. Kenneth Oshman effective June 1, 2011. Such 40,651 shares grant vests at the following rate: 1/24th of such shares on March 1, 2011 and on each one-month anniversary thereafter.
  • [F2]These shares are held by the M. Kenneth Oshman 2010A Annuity Trust dated August 18, 2010.
  • [F3]These shares are held by the Barbara S. Oshman 2010A Annuity Trust dated August 18, 2010.
  • [F4]These shares are held by the M. Kenneth Oshman 2009A Annuity Trust dated August 4, 2009.
  • [F5]These shares are held by the Barbara S. Oshman 2009A Annuity Trust dated August 4, 2009.
  • [F6]These shares are held by the M. Kenneth Oshman 2010 Annuity Trust dated February 23, 2010.
  • [F7]These shares are held by the Barbara S. Oshman 2010 Annuity Trust dated February 23, 2010.
  • [F8]These shares are held by O-S Ventures, a general partnership, of which M. Kenneth Oshman is general partner.
  • [F9]These shares are held by the M. Kenneth Oshman 2011 Annuity Trust #1 dated February 25, 2011.

Documents

1 file

Issuer

ECHELON CORP

CIK 0000031347

→
Entity typeother

Related Parties

1
  • filerCIK 0001078519

Filing Metadata

Form type
4
Filed
Jun 1, 8:00 PM ET
Accepted
Jun 2, 4:14 PM ET
Size
20.7 KB
View on SEC.gov