Filing Details
- Accession Number:
- 0001181431-10-055179
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2010-11-12 13:33:52
- Reporting Period:
- 2010-11-10
- Filing Date:
- 2010-11-12
- Accepted Time:
- 2010-11-12 13:33:52
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 31347 | Echelon Corp | ELON | Computer Communications Equipment (3576) | 770203595 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1476435 | T. Michael Anderson | 558 Meridian Avenue San Jose CA 95126 | Sr. Vice President | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2010-11-10 | 6,250 | $0.00 | 6,250 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2010-11-10 | 1,653 | $8.91 | 4,597 | No | 4 | F | Direct | |
| Common Stock | Disposition | 2010-11-11 | 2,597 | $8.86 | 2,000 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2010-11-12 | 2,000 | $8.82 | 0 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Performance Shares | Disposition | 2010-11-10 | 6,250 | $0.00 | 6,250 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 18,750 | 2013-11-10 | No | 4 | M | Direct |
Footnotes
- Each performance share represents the right to receive one share of the Issuer's Common Stock.
- 6,250 of the 25,000 shares granted to the Reporting Person under the Issuer's 1997 Stock Plan were vested and released to the Reporting Person effective November 10, 2010. Such 25,000 share grant vests at the following rate: 1/4th of such shares on November 10, 2010 and on each one year anniversary thereafter.
- The 2,597 shares were sold through separate trades, with the sale prices ranging from $8.84 to $8.88 and at a weighted average sale price of $8.857. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate sale price.
Billionaire Hedge Funds
