0001181431-13-034493.txt : 20130612 0001181431-13-034493.hdr.sgml : 20130612 20130612163855 ACCESSION NUMBER: 0001181431-13-034493 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20130610 FILED AS OF DATE: 20130612 DATE AS OF CHANGE: 20130612 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: 550 MERIDIAN AVENUE CITY: SAN JOSE STATE: CA ZIP: 95126 BUSINESS PHONE: 4089385200 MAIL ADDRESS: STREET 1: 550 MERIDIAN AVENUE CITY: SAN JOSE STATE: CA ZIP: 95126 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Marszewski C. Michael CENTRAL INDEX KEY: 0001534434 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-29748 FILM NUMBER: 13909229 MAIL ADDRESS: STREET 1: 550 MERIDIAN AVENUE CITY: SAN JOSE STATE: CA ZIP: 95126 4 1 rrd382841.xml GRANT AND RELEASE X0306 4 2013-06-10 0 0000031347 ECHELON CORP ELON 0001534434 Marszewski C. Michael 550 MERIDIAN AVENUE SAN JOSE CA 95126 0 1 0 0 VP & Principal Acctg Officer Common Stock 2013-06-11 4 M 0 875 A 34510 D Common Stock 2013-06-11 4 F 0 320 2.37 D 34190 D Performance Shares 2013-06-10 4 A 0 8000 0 A 2017-06-10 Common Stock 8000 8000 D Employee Stock Option (Right to buy) 2.37 2013-06-10 4 A 0 32000 0 A 2023-06-10 Common Stock 32000 32000 D Performance Shares 2013-06-11 4 M 0 875 0 D 2016-06-11 Common Stock 875 2625 D Each performance share represents the right to receive one share of the Issuer's Common Stock. Pursuant to the Issuer's 1997 Stock Plan (the "Plan") the Reporting Person was granted 8,000 performance shares. 1/4th of such shares will vest on June 10, 2014 and on each one year anniversary thereafter. Pursuant to the Plan the Reporting Person was granted an option to buy 32,000 shares of Common Stock. 1/4th of such shares will vest on June 10, 2014 and on each one year anniversary thereafter. 875 of the 3,500 shares granted to the Reporting Person under the Plan were vested and released to the Reporting Person effective June 11, 2013. Such 3,500 share grant vests at the following rate: 1/4th of such shares on June 11, 2013 and on each one year anniversary thereafter. /s/ William R. Slakey, attorney-in-fact for C. Michael Marszewski 2013-06-12