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