BLOCH KATHLEEN B 4
4 · ECHELON CORP · Filed Oct 24, 2012
Insider Transaction Report
Form 4
ECHELON CORPELON
BLOCH KATHLEEN B
Sr. VP, Gen Counsl & Secretary
Transactions
- Tax Payment
Common Stock
2012-10-23$3.52/sh−1,375$4,840→ 90,604 total - Exercise/Conversion
Performance Shares
2012-10-23−3,750→ 0 totalExp: 2012-10-23→ Common Stock (3,750 underlying) - Exercise/Conversion
Common Stock
2012-10-23+3,750→ 91,979 total
Footnotes (2)
- [F1]Each performance share represents the right to receive one share of the Issuer's Common Stock.
- [F2]3,750 of the 15,000 shares granted to the Reporting Person under the Issuer's 1997 Stock Plan were vested and released to the Reporting Person effective October 23, 2012. Such 15,000 share grant vests at the following rate: 1/4th of such shares on October 23, 2009 and on each one year anniversary thereafter.