0001209191-18-020116.txt : 20180316 0001209191-18-020116.hdr.sgml : 20180316 20180316160119 ACCESSION NUMBER: 0001209191-18-020116 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20180315 FILED AS OF DATE: 20180316 DATE AS OF CHANGE: 20180316 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: SEGE RONALD CENTRAL INDEX KEY: 0001433339 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-37755 FILM NUMBER: 18695597 MAIL ADDRESS: STREET 1: 350 CAMPUS DRIVE CITY: MARLBOROUGH STATE: MA ZIP: 01752 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: 2901 PATRICK HENRY DRIVE CITY: SANTA CLARA STATE: CA ZIP: 95054 BUSINESS PHONE: 4089385200 MAIL ADDRESS: STREET 1: 2901 PATRICK HENRY DRIVE CITY: SANTA CLARA STATE: CA ZIP: 95054 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2018-03-15 0 0000031347 ECHELON CORP ELON 0001433339 SEGE RONALD 2901 PATRICK HENRY DRIVE SANTA CLARA CA 95054 1 1 0 0 Chairman, CEO & President Common Stock 2018-03-15 4 M 0 14822 A 14822 D Common Stock 2018-03-15 4 F 0 5668 4.67 D 9154 D Common Stock 41638 I See Footnote Performance Shares 2018-03-15 4 M 0 14822 0.00 D 2018-03-15 Common Stock 14822 0 D Each performance share represents the right to receive one share of the Issuer's Common Stock. These shares are held by the Ronald A and Eugenia Sege TR U/T/A DTD 10/19/2010, of which 20,819 shares will be held in constructive trust for Eugenia Sege pursuant to the terms of a divorce decree dated December 27, 2017. 14,822 of the 79,052 shares granted to the Reporting Person under the Issuer's 2016 Equity Incentive Plan were vested and released to the Reporting Person effective March 15, 2018. Such 79,052 share grant was subject to 100% vesting on March 15, 2018, subject to the satisfaction of certain performance criteria. Certain performance criteria were not met, therefore, the remaining 64,230 shares subject to the grant were cancelled effective March 15, 2018. /s/ Marsha Larsen, attorney-in-fact for Ronald A. Sege 2018-03-16