SEC Form 4 · accession 0001104659-18-040203
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
Jun 12, 2018
Accepted (ET)
Jun 14, 2018 · 5:01 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 | Jun 12, 2018 | M | 29,800 | $11.31 | A | 336,332 | D | |
| Common StockF2 | Jun 12, 2018 | S | 29,800 | $30.0252 | 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)F3 | $11.31 | Jun 12, 2018 | M | 29,800 | D | Feb 26, 2011 | Feb 26, 2020 | Common Stock | 29,800 | 85,000 | D |
Explanation of responses
- F1The exercise and sale 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 $30.00 and $30.30 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. 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.