4//SEC Filing
AXELSSON ANDERS 4
Accession 0001181431-12-033351
CIK 0000031347other
Filed
May 29, 8:00 PM ET
Accepted
May 30, 2:29 PM ET
Size
13.1 KB
Accession
0001181431-12-033351
Insider Transaction Report
Form 4
ECHELON CORPELON
AXELSSON ANDERS
Senior VP of Sales & Marketing
Transactions
- Tax Payment
Common Stock
2012-05-26$3.56/sh−2,842$10,103→ 78,435 total - Exercise/Conversion
Performance Shares
2012-05-26−7,750→ 15,500 totalExp: 2014-05-26→ Common Stock (7,750 underlying) - Exercise/Conversion
Performance Shares
2012-05-27−2,187→ 0 totalExp: 2012-05-27→ Common Stock (2,187 underlying) - Exercise/Conversion
Common Stock
2012-05-26+7,750→ 81,277 total - Tax Payment
Common Stock
2012-05-27$3.56/sh−802$2,851→ 79,820 total - Exercise/Conversion
Common Stock
2012-05-27+2,187→ 80,622 total
Footnotes (3)
- [F1]Each performance share represents the right to receive one share of the Issuer's Common Stock.
- [F2]2,187 of the 8,750 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 27, 2012. Such 8,750 share grant vests at the following rate: 1/4th of such shares on May 27, 2009 and on each one year anniversary thereafter.
- [F3]7,750 of the 31,000 shares granted to the Reporting person under the Plan were vested and released to the Reporting Person effective May 26, 2012. Such 31,000 share grant vests at the following rate: 1/4th of such shares on May 26, 2011 and on each one year anniversary thereafter.
Documents
Issuer
ECHELON CORP
CIK 0000031347
Entity typeother
Related Parties
1- filerCIK 0001243234
Filing Metadata
- Form type
- 4
- Filed
- May 29, 8:00 PM ET
- Accepted
- May 30, 2:29 PM ET
- Size
- 13.1 KB