-----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, Lh3DLRa9AfpnS51zYnVXPfxcBsBin3ioqzaFLHB4IRcWuBv+JanNpAMBQoqTEUw7 OOte+5aF2+Q2SpaDL9/pXQ== 0001012870-01-000738.txt : 20010223 0001012870-01-000738.hdr.sgml : 20010223 ACCESSION NUMBER: 0001012870-01-000738 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20010214 GROUP MEMBERS: BARBARA S. OSHMAN GROUP MEMBERS: OSHMAN M KENNETH SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ECHELON CORP CENTRAL INDEX KEY: 0000031347 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 770203595 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: SEC FILE NUMBER: 005-55409 FILM NUMBER: 1542506 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 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: OSHMAN M KENNETH CENTRAL INDEX KEY: 0001078519 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: C/O ECHELON CORP STREET 2: 4015 MIRANDA AVE CITY: PALO ALTO STATE: CA ZIP: 94304 BUSINESS PHONE: 6508557400 MAIL ADDRESS: STREET 1: C/O ECHELON CORP STREET 2: 4015 MIRANDA AVE CITY: PALO ALTO STATE: CA ZIP: 94304 SC 13G/A 1 0001.txt SCHEDULE 13G/A Schedule 13G Page 1 of 7 ================================================================================ SEC 1745 Potential persons who are to respond to the collection of (6-00) information contained in this form are not required to respond unless the form displays a currently valid OMB control number. ================================================================================ --------------------------- OMB APPROVAL --------------------------- OMB Number: 3235-0145 --------------------------- Expires: October 31, 2002 --------------------------- Estimated average burden hours per response 14.9 --------------------------- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 2)* Echelon Corporation - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, $0.01 par value - -------------------------------------------------------------------------------- (Title of Class of Securities) 27874N 10 5 - -------------------------------------------------------------------------------- (CUSIP Number) 12/31/00 - -------------------------------------------------------------------------------- (Date of Event which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [ ] Rule 13d-1(b) [ ] Rule 13d-1(c) [X] Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). Schedule 13G Page 2 of 7 CUSIP No. 27874N 10 5 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). M. Kenneth Oshman - -------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) [ ] (b) [X] - -------------------------------------------------------------------------------- 3. SEC Use Only - -------------------------------------------------------------------------------- 4. Citizenship or Place of Organization United States of America - -------------------------------------------------------------------------------- Number of 5. Sole Voting Power 38,520* (beneficial ownership of 38,520 Shares shares is disclaimed) Beneficially Owned by ---------------------------------------------------------------- Each 6. Shared Voting Power 5,070,548** Reporting Person With ---------------------------------------------------------------- 7. Sole Dispositive Power 38,520* (beneficial ownership of 38,520 shares is disclaimed) ---------------------------------------------------------------- 8. Shared Dispositive Power 5,070,548** - -------------------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person 5,708,781 (beneficial ownership of 38,520 shares is disclaimed)*** - -------------------------------------------------------------------------------- 10. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) X - -------------------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row (11) 14.8% - -------------------------------------------------------------------------------- 12. Type of Reporting Person (See Instructions) IN - -------------------------------------------------------------------------------- Schedule 13G Page 3 of 7 CUSIP No. 27874N 10 5 - -------------------------------------------------------------------------------- 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). Barbara S. Oshman - -------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) [ ] (b) [X] - -------------------------------------------------------------------------------- 3. SEC Use Only - -------------------------------------------------------------------------------- 4. Citizenship or Place of Organization United States of America - -------------------------------------------------------------------------------- Number of 5. Sole Voting Power 0 Shares Beneficially -------------------------------------------------------------- Owned by 6. Shared Voting Power 5,070,548** Each Reporting -------------------------------------------------------------- Person With 7. Sole Dispositive Power 0 -------------------------------------------------------------- 8. Shared Dispositive Power 5,070,548** - -------------------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person 5,320,261**** - -------------------------------------------------------------------------------- 10. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) - -------------------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row (11) 13.9% - -------------------------------------------------------------------------------- 12. Type of Reporting Person (See Instructions) IN - -------------------------------------------------------------------------------- Schedule 13G Page 4 of 7 Item 1. (a) Name of Issuer: Echelon Corporation (b) Address of Issuer's Principal Executive Offices: 415 Oakmead Parkway, Sunnyvale, CA 94086 Item 2. (a) Name of Person Filing: M. Kenneth Oshman and Barbara S. Oshman, husband and wife (b) Address of Principal Business Office or, if none, Residence: 415 Oakmead Parkway, Sunnyvale, CA 94086 (c) Citizenship: United States of America (d) Title of Class of Securities: Common Stock, $0.01 par value (e) CUSIP Number: 27874N 10 5 Item 3. If this statement is filed pursuant to (S)(S)240.13d-1(b) or 240.13d- 2(b) or (c), check whether the person filing is a: (a) [ ] Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o). (b) [ ] Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c). (c) [ ] Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c). (d) [ ] Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8). (e) [ ] An investment advisor in accordance with (S)240.13d- 1(b)(1)(ii)(E); (f) [ ] An employee benefit plan or endowment fund in accordance with (S)240.13d-1(b)(1)(ii)(F); (g) [ ] A parent holding company or control person in accordance with (S)240.13d-1(b)(1)(ii)(G); (h) [ ] A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) [ ] A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) [ ] Group, in accordance with (S)240.13d-1(b)(1)(ii)(J). Item 4. Ownership Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. (a) Amount beneficially owed: M. Kenneth Oshman: 5,708,701 shares*** Barbara S. Oshman: 5,320,261 shares**** (b) Percent of class: M. Kenneth Oshman: 14.8%, based on 38,050,056 outstanding shares of Common Stock of the Issuer as of 12/31/00 Barbara S. Oshman: 13.9%, based on 38,050,056 outstanding shares of Common Stock of the Issuer as of 12/31/00 Schedule 13G Page 5 of 7 (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote M. Kenneth Oshman: 38,520 shares* Barbara S. Oshman: 0 shares (ii) Shared power to vote or to direct the vote M. Kenneth Oshman: 5,070,548 shares** Barbara S. Oshman: 5,070,548 shares** (iii) Sole power to dispose or to direct the disposition of M. Kenneth Oshman: 38,520 shares* Barbara S. Oshman: 0 shares (iv) Shared power to dispose or to direct the disposition of M. Kenneth Oshman: 5,070,548 shares** Barbara S. Oshman: 5,070,548 shares** * Beneficial ownership of 38,520 of these shares registered in the name of M. Kenneth Oshman as trustee of trusts not for the benefit of Mr. Oshman is disclaimed as set forth on Page 2 of this Schedule (the "Trust Shares"). ** 4,582,120 shares are held by M. Kenneth Oshman and Barbara S. Oshman, Trustees of the Oshman Trust Dated July 10, 1979 (the "Oshman Trust"). 488,428 shares are held by O-S Ventures, of which the Oshman Trust is general partner. *** Beneficial ownership of the Trust Shares is disclaimed as set forth on Page 2 of this Schedule. Includes 350,000 shares which may be acquired within 60 days of December 31, 2000 upon exercise of stock options by M. Kenneth Oshman and 249,713 shares which may be acquired within 60 days of December 31, 2000 upon exercise of a warrant held by the Oshman Trust. **** Includes 249,713 shares which may be acquired within 60 days of December 31, 2000 upon exercise of a warrant held by the Oshman Trust. Instruction. For computations regarding securities which represent a right to acquire an underlying security see (S)240.13d3(d)(1). Item 5. Ownership of Five Percent or Less of a Class Not applicable. Item 6. Ownership of More than Five Percent on Behalf of Another Person Not applicable. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company Not applicable. Item 8. Identification and Classification of Members of the Group Not applicable. Schedule 13G Page 6 of 7 Item 9. Notice of Dissolution of Group Not applicable. Item 10. Certification Not applicable. Schedule 13G Page 7 of 7 SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. February 9, 2001 ----------------------------------------------- Date /s/ M. Kenneth Oshman ----------------------------------------------- Signature M. Kenneth Oshman, Chairman of the Board, President and Chief Executive Officer of Echelon Corporation ----------------------------------------------- Name/Title February 9, 2001 ----------------------------------------------- Date /s/ Barbara S. Oshman ----------------------------------------------- Signature Barbara S. Oshman ----------------------------------------------- Name/Title The original statement shall be signed by each person on whose behalf the statement is filed or his authorized representative. If the statement is signed on behalf of a person by his authorized representative other than an executive officer or general partner of the filing person, evidence of the representative's authority to sign on behalf of such person shall be filed with the statement; provided, however, that a power of attorney for this purpose which is already on file with the Commission may be incorporated by reference. The name and any title of each person who signs the statement shall be typed or printed beneath his signature. NOTE: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See (S)240.13d-7 for other parties for whom copies are to be sent. Attention: Intentional misstatements or omissions of fact constitute Federal criminal violations (See 18 U.S.C. 1001) -----END PRIVACY-ENHANCED MESSAGE-----