Marszewski C. Michael 4
4 · ECHELON CORP · Filed Sep 29, 2017
Insider Transaction Report
Form 4
ECHELON CORPELON
Marszewski C. Michael
VP & Principal Acctg Officer
Transactions
- Exercise/Conversion
Performance Shares
2017-09-28−10,500→ 10,500 totalExp: 2018-09-28→ Common Stock (10,500 underlying) - Exercise/Conversion
Common Stock
2017-09-28+10,500→ 20,083 total - Tax Payment
Common STock
2017-09-28$4.68/sh−3,945$18,463→ 16,138 total
Footnotes (2)
- [F1]Each performance share represents the right to receive one share of the Issuer's Common Stock.
- [F2]10,500 of the 21,000 shares granted to the Reporting Person under the Issuer's 1997 Stock Plan were vested and released to the Reporting Person effective September 28, 2017. Such 21,000 share grant vests at the following rate: 10,500 shares on September 28, 2017 and 10,500 shares on September 28, 2018.