0001209191-18-051310.txt : 20180917
0001209191-18-051310.hdr.sgml : 20180917
20180917202331
ACCESSION NUMBER: 0001209191-18-051310
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: FINOCCHIO ROBERT J
CENTRAL INDEX KEY: 0001209880
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-37755
FILM NUMBER: 181074460
MAIL ADDRESS:
STREET 1: C/O ALTERA CORP
STREET 2: 101 INNOVATION DRIVE
CITY: SAN JOSE
STATE: CA
ZIP: 95134
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
0001209880
FINOCCHIO ROBERT J
2901 PATRICK HENRY DRIVE
SANTA CLARA
CA
95054
1
0
0
0
Common Stock
2018-09-14
4
D
0
16500
D
0
I
See footnote
Director stock option (Right to buy)
4.51
2018-09-14
4
D
0
5000
0.00
D
2026-05-17
Common Stock
5000
0
D
Director stock option (Right to buy)
7.18
2018-09-14
4
D
0
5000
0.00
D
2027-05-23
Common Stock
5000
0
D
Director stock option (Right to buy)
4.16
2018-09-14
4
D
0
5000
0.00
D
2028-05-17
Common Stock
5000
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").
The shares are held by the Robert J. and Susan H. Finocchio Family Trust dated January 9, 1990, for which the Reporting Person serves as a trustee.
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 Robert J. Finocchio, Jr.
2018-09-17