SEC Form 4 · accession 0001104659-16-151200
Echo Global Logistics, Inc. · ECHO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Douglas R Waggoner
Officer — Chief Executive Officer · Director
Period of report
Oct 18, 2016
Accepted (ET)
Oct 20, 2016 · 5:13 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001426945
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Oct 18, 2016 | M | 26,586 | $3.68 | A | 267,627 | D | |
| Common StockF2 | Oct 18, 2016 | S | 26,586 | $22.2282 | D | 241,041 | D | |
| Common Stock | Oct 19, 2016 | M | 8,236 | $3.68 | A | 249,277 | D | |
| Common StockF3 | Oct 19, 2016 | S | 8,236 | $22.2371 | D | 241,041 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F4 | $3.68 | Oct 18, 2016 | M | 26,586 | D | Nov 16, 2006 | Nov 1, 2016 | Common Stock | 26,586 | 8,236 | D |
| Stock Option (Right to Buy)F4 | $3.68 | Oct 19, 2016 | M | 8,236 | D | Nov 16, 2006 | Nov 1, 2016 | Common Stock | 8,236 | 0 | D |
Explanation of responses
- F1The exercises and sales reported on this Form 4 were effectuated pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 5, 2014.
- F2The price is the weighted average price for the transactions reported on this line. The range of prices for the transactions reported on this line is between $22.10 and $22.55 per share. Complete information regarding the number of shares sold at each separate price will be provided upon request by the Commission Staff, the issuer or a security holder of the issuer.
- F3The price is the weighted average price for the transactions reported on this line. The range of prices for the transactions reported on this line is between $22.00 and $22.35 per share. Complete information regarding the number of shares sold at each separate price will be provided upon request by the Commission Staff, the issuer or a security holder of the issuer.
- F4Date at which first vesting occurs is indicated. 50,000 of the shares originally subject to the option became exercisable at the first vesting date, and the remaining 400,000 shares became exercisable in annual installments of 100,000 beginning on January 1, 2008.