ECHELON CORP 4
4 · ECHELON CORP · Filed Aug 13, 2013
Insider Transaction Report
Form 4
ECHELON CORPELON
ANDERSON Michael T.
Sr. Vice President
Transactions
- Exercise/Conversion
Common Stock
2013-08-10+10,000→ 58,616 total - Exercise/Conversion
Performance Shares
2013-08-10−10,000→ 20,000 totalExp: 2015-08-10→ Common Stock (10,000 underlying) - Tax Payment
Common Stock
2013-08-10$2.22/sh−2,735$6,072→ 55,881 total
Footnotes (2)
- [F1]Each performance share represents the right to receive one share of the Issuer's Common Stock.
- [F2]10,000 of the 40,000 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 40,000 share grant vests at the following rate: 1/4th of such shares on August 10, 2012 and on each one year anniversary thereafter.