Marszewski C. Michael 4
4 · ECHELON CORP · Filed Apr 12, 2018
Insider Transaction Report
Form 4
ECHELON CORPELON
Marszewski C. Michael
VP & Principal Acctg Officer
Transactions
- Exercise/Conversion
Common Stock
2018-04-10+333→ 18,516 total - Tax Payment
Common STock
2018-04-10$4.24/sh−136$577→ 18,830 total - Exercise/Conversion
Performance Shares
2018-04-10−333→ 0 totalExp: 2018-04-10→ Common Stock (333 underlying)
Footnotes (2)
- [F1]Each performance share represents the right to receive one share of the Issuer's Common Stock.
- [F2]333 of the 1,000 shares granted to the Reporting Person under the Issuer's 1997 Stock Plan were vested and released to the Reporting Person effective April 10, 2018. Such 1,000 share grant vests at the following rate: 1/3 of such shares on April 10, 2016 and on each one year anniversary thereafter.