Modi Sohrab 4
4 · ECHELON CORP · Filed Sep 10, 2018
Insider Transaction Report
Form 4
ECHELON CORPELON
Modi Sohrab
VP and CTO
Transactions
- Tax Payment
Common Stock
2018-09-10$8.47/sh−286$2,422→ 11,621 total - Exercise/Conversion
Performance Shares
2018-09-10−850→ 0 totalExp: 2018-09-10→ Common Stock (850 underlying) - Exercise/Conversion
Common Stock
2018-09-10+850→ 11,907 total
Footnotes (2)
- [F1]Each performance share represents the right to receive one share of the Issuer's Common Stock.
- [F2]850 of the 3,400 shares granted to the Reporting Person under the Issuer's 1997 Stock Plan were vested and released to the Reporting Person effective September 10, 2017. Such 3,400 share grant vests at the following rate: 1/4th of such shares on September 10, 2015 and on each one year anniversary thereafter.