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| <documentType> 4 </documentType> |
| <periodOfReport> 2021-11-23 </periodOfReport> |
| <notSubjectToSection16> 1 </notSubjectToSection16> |
| <issuer> |
| | <issuerCik> 0001426945 </issuerCik> |
| | <issuerName> Echo Global Logistics, Inc. </issuerName> |
| | <issuerTradingSymbol> ECHO </issuerTradingSymbol> |
| | </issuer> |
| <reportingOwner> |
| | <reportingOwnerId> |
| | | <rptOwnerCik> 0001588847 </rptOwnerCik> |
| | | <rptOwnerName> Rogers Peter </rptOwnerName> |
| | | </reportingOwnerId> |
| | <reportingOwnerAddress> |
| | | <rptOwnerStreet1> C/O ECHO GLOBAL LOGISTICS, INC. </rptOwnerStreet1> |
| | | <rptOwnerStreet2> 600 WEST CHICAGO AVENUE, SUITE 725 </rptOwnerStreet2> |
| | | <rptOwnerCity> CHICAGO </rptOwnerCity> |
| | | <rptOwnerState> IL </rptOwnerState> |
| | | <rptOwnerZipCode> 60654 </rptOwnerZipCode> |
| | | <rptOwnerStateDescription></rptOwnerStateDescription> |
| | | </reportingOwnerAddress> |
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| | | <isDirector> 0 </isDirector> |
| | | <isOfficer> 1 </isOfficer> |
| | | <isTenPercentOwner> 0 </isTenPercentOwner> |
| | | <isOther> 0 </isOther> |
| | | <officerTitle> Chief Financial Officer </officerTitle> |
| | | <otherText></otherText> |
| | | </reportingOwnerRelationship> |
| | </reportingOwner> |
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| <value> Common Stock </value> |
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| | | <transactionDate> |
| <value> 2021-11-23 </value> |
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| <value> 48.25 </value> |
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| <equitySwapInvolved> 0 </equitySwapInvolved> |
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| | | <transactionTimeliness></transactionTimeliness> |
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| <value> 4888 </value> |
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| <transactionPricePerShare> |
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| <value> Common Stock </value> |
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| <value> 4888 </value> |
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| <value> 2021-11-23 </value> |
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| <value> 9722 </value> |
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| | | <underlyingSecurity> |
| <underlyingSecurityTitle> |
| <value> Common Stock </value> |
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| <underlyingSecurityShares> |
| <value> 9722 </value> |
| <footnoteId id="F2"/> |
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| <value> D </value> |
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| | | <securityTitle> |
| <value> Restricted Stock Unit </value> |
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| | | <conversionOrExercisePrice> |
| <footnoteId id="F2"/> |
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| | | <transactionDate> |
| <value> 2021-11-23 </value> |
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| | | <deemedExecutionDate></deemedExecutionDate> |
| | | <transactionCoding> |
| <transactionFormType> 4 </transactionFormType> |
| <transactionCode> D </transactionCode> |
| <equitySwapInvolved> 0 </equitySwapInvolved> |
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| | | <transactionTimeliness></transactionTimeliness> |
| | | <transactionAmounts> |
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| <value> 14740 </value> |
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| <transactionPricePerShare> |
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| <value> D </value> |
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| <footnoteId id="F2"/> |
| <footnoteId id="F5"/> |
| </exerciseDate> |
| | | <expirationDate> |
| <footnoteId id="F5"/> |
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| | | <underlyingSecurity> |
| <underlyingSecurityTitle> |
| <value> Common Stock </value> |
| </underlyingSecurityTitle> |
| <underlyingSecurityShares> |
| <value> 14740 </value> |
| <footnoteId id="F2"/> |
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| </underlyingSecurity> |
| | | <postTransactionAmounts> |
| <sharesOwnedFollowingTransaction> |
| <value> 0 </value> |
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| | | <ownershipNature> |
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| <value> D </value> |
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| | | </derivativeTransaction> |
| | </derivativeTable> |
| <footnotes> |
| | <footnote id="F1"> In connection with the consummation of the Merger, at the Effective Time, each issued and outstanding share of common stock, par value $0.0001 of the Company (the "Common Stock") that was held by the Company's stockholders, including the reporting person, was converted into the right to receive $48.25 in cash per Common Stock (the "Offer Price"). </footnote> |
| | <footnote id="F2"> In connection with the consummation of the Merger, at the Effective Time, each restricted stock unit to acquire shares of Common Stock ("Restricted Stock Unit") that was outstanding as of immediately prior to the Effective Time, whether vested or unvested, was automatically cancelled and converted into the right to receive (without interest) an amount in cash equal to the Offer Price, less applicable taxes required to be withheld with respect to such payment, as provided in the Merger Agreement. </footnote> |
| | <footnote id="F3"> As of November 23, 2021, this included 4,888 Restricted Stock Units that are scheduled to vest in three equal installments on March 13, 2022, March 13 2023 and March 13, 2024. </footnote> |
| | <footnote id="F4"> As of November 23, 2021, this included 9,722 Restricted Stock Units that are scheduled to vest in two equal installments on October 5, 2022 and October 5, 2023. </footnote> |
| | <footnote id="F5"> As of November 23, 2021, this included 14,740 Restricted Stock Units that are scheduled to vest in three equal installments on January 25, 2022, January 25, 2023 and January 25, 2024. </footnote> |
| | </footnotes> |
| <remarks> This Form 4 reports securities disposed of under the terms of the Agreement and Plan of Merger (the "Merger Agreement"), dated as of September 9, 2021 (the "Merger Agreement"), by and among Einstein MidCo, LLC, a Delaware limited liability company ("Parent"), Einstein Merger Sub, Inc., a Delaware corporation and wholly owned subsidiary of Parent ("Merger Sub") and Echo Global Logistics, Inc. (the "Company"). Pursuant to the Merger Agreement, on November 23, 2021 (the "Effective Time"), Merger Sub merged with and into the Company, with the Company becoming a wholly owned subsidiary of Parent (the "Merger"). A copy of the Merger Agreement is included as Exhibit 2.1 to the Company's Form 8-K filed with the SEC on September 10, 2021. </remarks> |
| <ownerSignature> |
| | <signatureName> /s/ David B. Menzel, by Power of Attorney </signatureName> |
| | <signatureDate> 2021-11-23 </signatureDate> |
| | </ownerSignature> |
| </ownershipDocument> |