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4//SEC Filing

STANFIELD OLIVER R 4

Accession 0001181431-11-049175

CIK 0000031347other

Filed

Sep 12, 8:00 PM ET

Accepted

Sep 13, 8:26 PM ET

Size

10.8 KB

Accession

0001181431-11-049175

Insider Transaction Report

Form 4
Period: 2011-09-10
STANFIELD OLIVER R
Executive VP and CFO
Transactions
  • Exercise/Conversion

    Performance Shares

    2011-09-103,1250 total
    Exp: 2012-09-10Common Stock (3,125 underlying)
  • Tax Payment

    Common Stock

    2011-09-10$7.63/sh1,146$8,73863,246 total
  • Exercise/Conversion

    Common Stock

    2011-09-10+3,12564,392 total
Holdings
  • Common Stock

    (indirect: See footnote)
    250
  • Common Stock

    (indirect: See footnote)
    11,000
  • Common Stock

    (indirect: See footnote)
    573,330
Footnotes (5)
  • [F1]Each performance share represents the right to receive one share of the Issuer's Common Stock.
  • [F2]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.
  • [F3]These shares are held by the Reporting Person's spouse.
  • [F4]3,125 of the 12,500 shares granted to the Reporting Person under the Issuer's 1997 Stock Plan were vested and released to the Reporting Person effective September 10, 2011. Such 12,500 share grant vests at the following rate: 1/4th of such shares on September 10, 2008 and on each one year anniversary thereafter.
  • [F5]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.

Issuer

ECHELON CORP

CIK 0000031347

Entity typeother

Related Parties

1
  • filerCIK 0001227363

Filing Metadata

Form type
4
Filed
Sep 12, 8:00 PM ET
Accepted
Sep 13, 8:26 PM ET
Size
10.8 KB