ANDERSON Michael T. 4
4 · ECHELON CORP · Filed May 29, 2013
Insider Transaction Report
Form 4
ECHELON CORPELON
ANDERSON Michael T.
Sr. Vice President
Transactions
- Tax Payment
Common Stock
2013-05-26$2.52/sh−2,314$5,831→ 44,147 total - Exercise/Conversion
Common Stock
2013-05-26+8,750→ 46,461 total - Exercise/Conversion
Performance Shares
2013-05-26−8,750→ 8,750 totalExp: 2014-05-26→ Common Stock (8,750 underlying)
Footnotes (2)
- [F1]Each performance share represents the right to receive one share of the Issuer's Common Stock.
- [F2]8,750 of the 35,000 shares granted to the Reporting person under the Issuer's 1997 Stock Plan were vested and released to the Reporting Person effective May 26, 2013. 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.