-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, HyESll22yG0hor2CEbIQ8dhwuVnDYzxvIE6BqnRf6GUTtRoBvWtRSo9ngIxo6Lka DUbbS/wORcOlEADieAHkPg== 0001181431-05-023715.txt : 20050426 0001181431-05-023715.hdr.sgml : 20050426 20050426175613 ACCESSION NUMBER: 0001181431-05-023715 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20050422 FILED AS OF DATE: 20050426 DATE AS OF CHANGE: 20050426 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: BLOCH KATHLEEN B CENTRAL INDEX KEY: 0001227358 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-29748 FILM NUMBER: 05774200 BUSINESS ADDRESS: STREET 1: C/O ECHELON CORP STREET 2: 550 MERIDIAN AVE CITY: SAN JOSE STATE: CA ZIP: 95126 BUSINESS PHONE: 4089385200 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: ECHELON CORP CENTRAL INDEX KEY: 0000031347 STANDARD INDUSTRIAL CLASSIFICATION: COMPUTER COMMUNICATIONS EQUIPMENT [3576] IRS NUMBER: 770203595 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 4015 MIRANDA AVE CITY: PALO ALTO STATE: CA ZIP: 94304 BUSINESS PHONE: 6508557400 MAIL ADDRESS: STREET 1: 4015 MIRANDA AVE CITY: PALO ALTO STATE: CA ZIP: 94304 4 1 rrd76710.xml 4.22.2005 RE-GRANT FROM 2004 OPTION EXCHANGE X0202 4 2005-04-22 0 0000031347 ECHELON CORP ELON 0001227358 BLOCH KATHLEEN B 550 MERIDIAN AVE SAN JOSE CA 95126 0 1 0 0 Sr. VP, General Counsel & Sec. Employee stock option (Right to buy) 8.52 2005-04-22 4 A 0 9556 A 2008-05-21 Common Stock 9556 8556 D Employee stock option 8.52 2005-04-22 4 A 0 54783 A 2009-03-17 Common Stock 54783 54783 D On, April 22, 2005, an option to purchase 9,556 shares was issued to the Reporting Person under the Echelon Corporation 1997 Stock Plan (the "1997 Plan) pursuant to the Issuer's option exchange program. The option shall vest and become exercisable as to 7,778 shares on April 22, 2006 and the remaining 1,778 shares shall vest and become exercisable monthly thereafter through December 22, 2006, subject to the Reporting Person's continued service to the Issuer on each relevant vesting date. Such option was issued in replacement of 14,333 option shares cancelled on October 21, 2004. As provided by the terms of the option exchange program, the per share exercise price of $8.52 is equal to 115% of the closing price of the Issuer's common stock on October 21, 2004. On April 22, 2005, an option to purchase 54,783 shares was issued to the Reporting Person under the 1997 Plan pursuant to the Issuer's option exchange program. The option shall vest and become exercisable as to 31,250 shares on April 22, 2006 and the remaining 23,533 shares shall vest and become exercisable monthly thereafter through December 22, 2007, subject to the Reporting Person's continued service to the Issuer on each relevant vesting date. Such option was issued in replacement of 54,783 option shares cancelled on October 21, 2004. As provided by the terms of the option exchange program, the per share execise price of $8.52 is equal to 115% of the closing price of the Issuer's common stock on October 21, 2004. /s/ Oliver R. Stanfield, attorney in fact for Kathleen B. Bloch 2005-04-26 -----END PRIVACY-ENHANCED MESSAGE-----