SEC Form 4 · accession 0001104659-16-157868
Echo Global Logistics, Inc. · ECHO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David B Menzel
Officer — President & COO
Period of report
Nov 15, 2016
Accepted (ET)
Nov 17, 2016 · 6:32 pm EST
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 | Nov 15, 2016 | M | 5,000 | $11.72 | A | 134,211 | D | |
| Common StockF2 | Nov 15, 2016 | S | 5,000 | $25.1874 | D | 129,211 | 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)F3 | $11.72 | Nov 15, 2016 | M | 5,000 | D | Apr 7, 2008 | Apr 7, 2018 | Common Stock | 5,000 | 62,500 | D |
Explanation of responses
- F1The exercise and subsequent sale of 5,000 shares reported on this Form 4 were effectuated pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 28, 2016.
- 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 $25.00 and $25.55 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.
- F3Date at which first vesting occurs is indicated. 20,000 of the shares originally subject to the option became exercisable at the first vesting date, and the remaining 62,500 shares became exercisable in annual installments of 12,500 beginning on April 7, 2009.