4//SEC Filing
ECHELON CORP 4
Accession 0001181431-15-004802
CIK 0000031347operating
Filed
Mar 16, 8:00 PM ET
Accepted
Mar 17, 8:29 PM ET
Size
10.0 KB
Accession
0001181431-15-004802
Insider Transaction Report
Form 4
ECHELON CORPELON
HARRIS RUSSELL
Senior VP of Operations
Transactions
- Tax Payment
Common Stock
2015-03-14$1.07/sh−3,695$3,972→ 18,635 total - Exercise/Conversion
Performance Shares
2015-03-14−8,500→ 0 totalExp: 2015-03-14→ Common Stock (8,500 underlying) - Exercise/Conversion
Common Stock
2015-03-14+8,500→ 22,330 total
Holdings
- 20,000(indirect: See footnote)
Common Stock
- 67,857(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]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.
- [F4]8,500 of the 30,000 shares granted to the Reporting Person under the Issuer's 1997 Stock Plan were vested and released to the Reporting Person effective March 14, 2015. Such 30,000 share grant was subject to 100% vesting on March 14, 2014, subject to the satisfaction of certain performance criteria. Certain performance criteria were not met; therefore, the remaining 21,500 shares subject to the grant were cancelled effective March 14, 2015.
Documents
Issuer
ECHELON CORP
CIK 0000031347
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000031347
Filing Metadata
- Form type
- 4
- Filed
- Mar 16, 8:00 PM ET
- Accepted
- Mar 17, 8:29 PM ET
- Size
- 10.0 KB