0001209191-18-051302.txt : 20180917
0001209191-18-051302.hdr.sgml : 20180917
20180917201803
ACCESSION NUMBER: 0001209191-18-051302
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20180914
FILED AS OF DATE: 20180917
DATE AS OF CHANGE: 20180917
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: MOORE ALICIA JAYNE
CENTRAL INDEX KEY: 0001281217
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-37755
FILM NUMBER: 181074456
MAIL ADDRESS:
STREET 1: 550 MERIDIAN AVENUE
CITY: SAN JOSE
STATE: CA
ZIP: 95126
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
2018-09-14
1
0000031347
ECHELON CORP
ELON
0001281217
MOORE ALICIA JAYNE
2901 PATRICK HENRY DRIVE
SANTA CLARA
CA
95054
0
1
0
0
SVP, Gen. Counsel & Sec
Common Stock
2018-09-14
4
D
0
14804
D
0
D
Performance Shares
2018-09-14
4
D
0
12000
0.00
D
2018-09-28
Common Stock
12000
0
D
Performance Shares
2018-09-14
4
D
0
16696
0.00
D
2019-03-15
Common Stock
16696
0
D
Restricted Stock Units
2018-09-14
4
D
0
30000
0.00
D
2019-09-20
Common Stock
30000
0
D
Employee stock option (Right to buy)
5.22
2018-09-14
4
D
0
24000
0.00
D
2026-09-28
Common Stock
24000
0
D
Disposed of pursuant to that certain Agreement and Plan of Merger between the Issuer, Adesto Technologies Corporation and Circuit Acquisition Corporation, dated as of June 28, 2018 (the "Merger Agreement"), in exchange for a cash payment of $8.50 per share without interest thereon (the "Merger Consideration").
Each performance share represents the right to receive one share of the Issuer's Common Stock.
The performance shares were cancelled pursuant to the Merger Agreement, in exchange for a cash payment equal to the Merger Consideration multiplied by the number of disposed performance shares.
Each restricted stock unit ("RSU") represents the right to receive one share of the Issuer's Common Stock
The RSUs were cancelled pursuant to the Merger Agreement, in exchange for a cash payment equal to the Merger Consideration multiplied by the number of disposed RSUs.
The option was cancelled pursuant to the Merger Agreement, in exchange for a cash payment equal to (x) the difference between the Merger Consideration and the per share exercise price of the option, multiplied by (y) the number of disposed option shares.
/s/ Marsha Larsen, Attorney-in-Fact for Alicia Jayne Moore
2018-09-17