Ownership Submission
FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Jodoin Christopher
2. Date of Event Requiring Statement (Month/Day/Year)
01/26/2016
3. Issuer Name and Ticker or Trading Symbol
ECHELON CORP [ELON]
(Last)
(First)
(Middle)
2901 PATRICK HENRY DRIVE
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
VP, Operations & Planning
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

SANTA CLARA, CA 95054
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 2,327
D
 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (Right to buy)   (1) 06/11/2017 Common Stock 1,500 $ 31.7 D  
Employee Stock Option (Right to buy)   (2) 06/10/2023 Common Stock 1,840 $ 23.7 D  
Employee Stock Option (Right to buy)   (3) 04/10/2025 Common Stock 5,600 $ 9.66 D  
Employee Stock Option (Right to buy)   (4) 06/12/2025 Common Stock 8,000 $ 9.11 D  
Performance Shares   (5) 06/10/2017 Common Stock 230 $ 0 D  
Performance Shares   (6) 04/10/2018 Common Stock 1,400 $ 0 D  
Performance Shares   (7) 06/12/2017 Common Stock 2,000 $ 0 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Jodoin Christopher
2901 PATRICK HENRY DRIVE
SANTA CLARA, CA 95054
      VP, Operations & Planning  

Signatures

/s/ Alicia J. Moore, attorney-in-fact for Christopher Jodoin 02/05/2016
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Pursuant to the Issuer's 1997 Stock Plan (the "Plan") the Reporting Person was granted an option to buy 1,500 shares of Common Stock. 1/4th of such shares will vest on June 11, 2013 and on each one year anniversary thereafter.
(2) Pursuant to the Plan the Reporting Person was granted an option to buy 1,840 shares of Common Stock. 1/4th of such shares will vest on June 10, 2014 and on each one year anniversary thereafter.
(3) Pursuant to the Plan the Reporting Person was granted an option to buy 5,600 shares of Common Stock. 1/3rd of such shares will vest on April 10, 2016 and 1/36th of such shares granted will vest monthly thereafter.
(4) Pursuant to the Plan the Reporting Person was granted an option to buy 8,000 shares of Common Stock. 1/2 of such shares will vest on June 12, 2016 and 1/24th of such shares granted will vest monthly thereafter.
(5) Pursuant to the Plan the Reporting Person was granted 460 performance shares on June 10, 2013, of which 230 shares have been released. 1/4th of the total shares granted vest on June 10, 2014 and on each one year anniversary thereafter.
(6) Pursuant to the Plan the Reporting Person was granted 1,400 performance shares on April 10, 2015. 1/3rd of such shares will vest on April 10, 2016 and on each one year anniversary thereafter.
(7) Pursuant to the Plan the Reporting Person was granted 2,000 performance shares on June 12, 2015. 1,000 shares will vest on June 12, 2016 and on June 12, 2017.

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