MOORE ALICIA JAYNE 4
4 · ECHELON CORP · Filed Mar 16, 2018
Insider Transaction Report
Form 4
ECHELON CORPELON
MOORE ALICIA JAYNE
Sen. VP & General Counsel
Transactions
- Exercise/Conversion
Common Stock
2018-03-15+4,693→ 16,722 total - Exercise/Conversion
Performance Shares
2018-03-15−4,693→ 0 totalExp: 2018-03-15→ Common Stock (4,693 underlying) - Tax Payment
Common Stock
2018-03-15$4.67/sh−1,918$8,957→ 14,804 total
Footnotes (2)
- [F1]Each performance share represents the right to receive one share of the Issuer's Common Stock.
- [F2]4,693 of the 18,775 shares granted to the Reporting Person under the Issuer's 2016 Equity Incentive Plan were vested and released to the Reporting Person effective March 15, 2018. Such 18,775 share grant was subject to 100% vesting on March 15, 2018, subject to the satisfaction of certain performance criteria. Certain performance criteria were not met, therefore, the remaining 14,082 shares subject to the grant were cancelled effective March 15, 2018.