ECHELON CORP 4
4 · ECHELON CORP · Filed Aug 13, 2013
Insider Transaction Report
Form 4
ECHELON CORPELON
HARRIS RUSSELL
Senior VP of Operations
Transactions
- Exercise/Conversion
Performance Shares
2013-08-10−3,750→ 7,500 totalExp: 2015-08-10→ Common Stock (3,750 underlying) - Gift
Common Stock
2013-06-17−2,866→ 0 total - Gift
Common Stock
2013-06-17+2,866→ 52,500 total(indirect: See Footnote) - Exercise/Conversion
Common Stock
2013-08-10+3,750→ 3,750 total - Tax Payment
Common Stock
2012-08-10$2.22/sh−1,409$3,128→ 2,341 total
Holdings
- 20,000(indirect: See footnote)
Common Stock
Footnotes (4)
- [F1]Each performance share represents the right to receive one share of the Issuer's Common Stock.
- [F2]These shares are held by The Russell R. Harris 2004 Children's Trust dated April 22, 2004, of which the Reporting Person is the Settlor and his spouse is Trustee.
- [F3]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 August 10, 2013. Such 15,000 share grant vests at the following rate: 1/4th of such shares on August 10, 2012 and on each one year anniversary thereafter.
- [F4]These shares are held by The Harris Living Trust dated March 22, 2004, of which the Reporting Person and his spouse, Jan Johnson Harris, serve as co-trustees.