ECHELON CORP 4

4 · ECHELON CORP · Filed Jun 13, 2017

Form 4

Period: 2017-06-10

VP & Principal Acctg Officer

Transactions

Exercise/Conversion
Common Stock
2017-06-10+200→ 9,022 total
Exercise/Conversion
Common Stock
2017-06-12+1,000→ 9,949 total
Tax Payment
Common Stock
2017-06-12$6.12/sh−366$2,240→ 9,583 total
Exercise/Conversion
Performance Shares
2017-06-10−200→ 0 total
Exp: 2017-06-10→ Common Stock (200 underlying)
Exercise/Conversion
Performance Shares
2017-06-12−1,000→ 0 total
Exp: 2017-06-12→ Common Stock (1,000 underlying)
Tax Payment
Common Stock
2017-06-10$6.25/sh−73$456→ 8,949 total

Footnotes (3)

[F1]Each performance share represents the right to receive one share of the Issuer's Common Stock.
[F2]200 of the 800 shares granted to the Reporting Person under the Issuer's 1997 Stock Plan (the "Plan") were vested and released to the Reporting Person effective June 10, 2017. Such 800 share grant vests at the following rate: 1/4th of such shares on June 10, 2014 and on each one year anniversary thereafter.
[F3]1,000 of the 2,000 shares granted to the Reporting Person under the Plan were vested and released to the Reporting Person effective June 12, 2017. Such 2,000 share grant vests at the following rate: 1/2 of such shares on June 12, 2016 and on June 12, 2017.

Documents

1 file