Filing Details

Accession Number:
0001181431-11-034278
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-06-02 16:14:21
Reporting Period:
2011-06-01
Filing Date:
2011-06-02
Accepted Time:
2011-06-02 16:14:21
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
1078519 Kenneth M Oshman 550 Meridian Ave
San Jose CA 95126
Executive Chairman Yes 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 2011-06-01 1,694 $0.00 1,694 No 4 M Direct
Common Stock Disposition 2011-06-01 621 $9.33 1,073 No 4 F Direct
Common Stock Disposition 2011-06-02 1,073 $0.00 0 No 5 G Direct
Common Stock Acquisiton 2011-06-02 1,073 $0.00 1,831,209 No 5 G Indirect See footnote
Common Stock Disposition 2011-06-02 1,073 $9.36 1,830,136 No 4 S Indirect See footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 F Direct
No 5 G Direct
No 5 G Indirect See footnote
No 4 S Indirect See footnote
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Performance Shares Disposition 2011-06-01 1,694 $0.00 1,694 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
33,876 2013-03-01 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 210,492 Indirect See footnote
Common Stock 210,492 Indirect See footnote
Common Stock 89,508 Indirect See footnote
Common Stock 89,508 Indirect See footnote
Common Stock 98,107 Indirect See footnote
Common Stock 98,107 Indirect See footnote
Common Stock 268,638 Indirect See footnote
Common Stock 268,638 Indirect See footnote
Common Stock 488,428 Indirect See footnote
Footnotes
  1. These shares are held by the Oshman Trust dated July 10, 1979, of which the Reporting Person and his spouse, Barbara S. Oshman, serve as co-trustees.
  2. These shares are held by the M. Kenneth Oshman 2010A Annuity Trust dated August 18, 2010.
  3. These shares are held by the Barbara S. Oshman 2010A Annuity Trust dated August 18, 2010.
  4. These shares are held by the M. Kenneth Oshman 2009A Annuity Trust dated August 4, 2009.
  5. These shares are held by the Barbara S. Oshman 2009A Annuity Trust dated August 4, 2009.
  6. These shares are held by the M. Kenneth Oshman 2010 Annuity Trust dated February 23, 2010.
  7. These shares are held by the Barbara S. Oshman 2010 Annuity Trust dated February 23, 2010.
  8. These shares are held by O-S Ventures, a general partnership, of which M. Kenneth Oshman is general partner.
  9. These shares are held by the M. Kenneth Oshman 2011 Annuity Trust #1 dated February 25, 2011.
  10. These shares are held by the Barbara S. Oshman 2011 Annuity Trust #1 dated February 25, 2011.
  11. Each performance share represents the right to receive one share of the Issuer's Common Stock.
  12. This trade was executed pursuant to a Rule 10b5-1 trading plan adopted on March 7, 2011.
  13. 1,694 of the 40,651 shares granted to M. Kenneth Oshman under the Issuer's 1997 Stock Plan were vested and released to M. Kenneth Oshman effective June 1, 2011. Such 40,651 shares grant vests at the following rate: 1/24th of such shares on March 1, 2011 and on each one-month anniversary thereafter.