Filing Details

Accession Number:
0001140361-13-038207
Form Type:
4
Zero Holdings:
No
Publication Time:
2013-10-08 18:32:20
Reporting Period:
2013-10-07
Filing Date:
2013-10-08
Accepted Time:
2013-10-08 18:32:20
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1180079 Silver Spring Networks Inc SSNI Computer Communications Equipment (3576) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1571601 A. Scott Lang C/O Silver Spring Networks, Inc.
555 Broadway St.
Redwood City CA 94063
Chairman, President & Ceo Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2013-10-07 10,730 $1.10 38,433 No 4 M Direct
Common Stock Disposition 2013-10-07 10,730 $17.05 27,703 No 4 S Direct
Common Stock Disposition 2013-10-07 11,314 $17.05 244,429 No 4 S Indirect Held by the Scott Lang and Karen-Schroeder Lang Revocable Trust of 2009, dtd December 28, 2009
Common Stock Disposition 2013-10-08 10,252 $17.00 234,177 No 4 S Indirect Held by the Scott Lang and Karen-Schroeder Lang Revocable Trust of 2009, dtd December 28, 2009
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 S Indirect Held by the Scott Lang and Karen-Schroeder Lang Revocable Trust of 2009, dtd December 28, 2009
No 4 S Indirect Held by the Scott Lang and Karen-Schroeder Lang Revocable Trust of 2009, dtd December 28, 2009
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Employee Stock Option (Right to Buy) Disposition 2013-10-07 10,730 $0.00 10,730 $1.10
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
145,083 2017-05-31 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 29,188 Indirect Held in Trust on Behalf of Reporting Person's Child A
Common Stock 29,188 Indirect Held in Trust on Behalf of Reporting Person's Child B
Common Stock 29,188 Indirect Held in Trust on Behalf of Reporting Person's Child C
Common Stock 29,188 Indirect Held in Trust on Behalf of Reporting Person's Child D
Footnotes
  1. The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 30, 2013.
  2. Represents the aggregate of sales effected on the same day at different prices.
  3. Represents the weighted average sales price per share. The shares were sold at prices ranging from $17.00 to $17.21 per share. Full information regarding the number of shares sold at each price shall be provided upon request to the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.
  4. Represents the weighted average sales price per share. The shares were sold at prices ranging from $17.00 to $17.22 per share. Full information regarding the number of shares sold at each price shall be provided upon request to the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.
  5. Reporting Person is the Co-Trustee.
  6. Reporting Person's wife is the trustee and Reporting Person's child is the beneficiary of the trust.
  7. The stock option grant is 100% vested and immediately exercisable.