SEC Form 4 · accession 0001181431-15-004499
ECHELON CORP · ELON
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Russell Harris
Officer — Senior VP of Operations
Period of report
Mar 10, 2015
Accepted (ET)
Mar 11, 2015 · 4:36 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000031347
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Mar 10, 2015 | M | 25,000 | — | A | 25,000 | D | |
| Common Stock | Mar 10, 2015 | F | 11,170 | $1.101 | D | 13,830 | D | |
| Common StockF3 | holding | — | — | — | 67,857 | I | See Footnote | |
| Common StockF2 | holding | — | — | — | 20,000 | I | See footnote |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance SharesF1 | — | Mar 10, 2015 | M | 25,000 | D | Mar 10, 2015 | Mar 10, 2015 | Common Stock | 25,000 | 0 | D |
Explanation of responses
- F1Each performance share represents the right to receive one share of the Issuer's Common Stock.
- F2These shares are held by The Russell R. Harris 2004 Children's Trust dated April 22, 2004, of which the Reporting Person is the Settlor and his spouse is Trustee.
- F3These shares are held by The Harris Living Trust dated March 22, 2004, of which the Reporting Person and his spouse, Jan Johnson Harris, serve as co-trustees.