Filing Details
- Accession Number:
- 0001140361-13-043972
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2013-11-22 18:53:17
- Reporting Period:
- 2013-11-20
- Filing Date:
- 2013-11-22
- Accepted Time:
- 2013-11-22 18:53:17
- 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 |
---|---|---|---|---|---|---|---|
1571602 | J. Daniel Middleton | C/O Silver Spring Networks, Inc. 555 Broadway St. Redwood City CA 94063 | Evp, Us & Aus/Nzl Sales | No | 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 | 2013-11-20 | 1,250 | $0.10 | 31,352 | No | 4 | M | Direct | |
Common Stock | Disposition | 2013-11-20 | 1,250 | $20.47 | 30,102 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | M | Direct | |
No | 4 | S | Direct |
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 | 2013-11-20 | 1,250 | $0.00 | 1,250 | $0.10 |
Common Stock | Restricted Stock Units | Acquisiton | 2013-11-20 | 4,375 | $0.00 | 4,375 | $0.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
52,833 | 2017-01-11 | No | 4 | M | Direct | |
4,375 | No | 4 | A | Direct |
Footnotes
- This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 29, 2013.
- The stock option grant is 100% vested and immediately exercisable.
- Each restricted stock unit ("RSU") represents a contingent right to receive 1 share of the Issuer's Common Stock upon settlement for no consideration.
- 25% of the RSUs vest on November 10, 2014 and thereafter shall vest quarterly as to 6.25% of the total RSUs with the first 6.25% vesting on February 10, 2015. Shares of the Issuer's common stock will be delivered to the Reporting Person following vesting.