SEC Form 4 · accession 0001209191-17-039682
ECHELON CORP · ELON
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Alicia Jayne Moore
Officer — SVP, Gen. Counsel & Sec
Period of report
Jun 12, 2017
Accepted (ET)
Jun 13, 2017 · 7:05 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 | Jun 12, 2017 | M | 1,000 | — | A | 4,210 | D | |
| Common Stock | Jun 12, 2017 | F | 375 | $6.12 | D | 3,835 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance SharesF1,F2 | — | Jun 12, 2017 | M | 1,000 | D | — | Jun 12, 2017 | Common Stock | 1,000 | 0 | D |
Explanation of responses
- F1Each performance share represents the right to receive one share of the Issuer's Common Stock.
- F21,000 of the 2,000 shares granted to the Reporting Person under the Issuer's 1997 Stock Plan were vested and released to the Reporting Person effective June 12, 2017. Such 2,000 share grant vests at the following rate: 1/2 of such shares on June 12, 2016 and on June 12, 2017.