SEC Form 4 · accession 0001104659-18-020160
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
Mar 23, 2018
Accepted (ET)
Mar 26, 2018 · 7:17 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 | Mar 23, 2018 | M | 20,000 | $6.94 | A | 328,600 | D | |
| Common StockF2 | Mar 23, 2018 | S | 20,000 | $28.1157 | D | 308,600 | D | |
| Common Stock | Mar 23, 2018 | M | 5,000 | $11.31 | A | 313,600 | D | |
| Common StockF2 | Mar 23, 2018 | S | 5,000 | $28.1157 | D | 308,600 | D | |
| Common Stock | Mar 26, 2018 | F | 2,068 | $27.70 | D | 306,532 | 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 | $6.94 | Mar 23, 2018 | M | 20,000 | D | Dec 31, 2010 | Jun 24, 2019 | Common Stock | 20,000 | 0 | D |
| Stock Option (Right to Buy)F5 | $11.31 | Mar 23, 2018 | M | 5,000 | D | Feb 26, 2011 | Feb 26, 2020 | Common Stock | 5,000 | 195,000 | 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 $28.00 and $28.3500 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.
- F3Shares withheld by the issuer to satisfy the mandatory tax withholding requirement upon vesting of restricted stock. This is not an open market sale of securities.
- F4Date at which first vesting occurs is indicated. 11,250 of the shares originally subject to the option became exercisable at the first vesting date, and the remaining 33,750 shares became exercisable in annual installments of 11,250 beginning on December 31, 2011.
- F5Date at which first vesting occurs is indicated. 40,000 of the shares originally subject to the option became exercisable at the first vesting date, and the remaining 160,000 shares became exercisable in annual installments of 40,000 beginning on February 26, 2012.