Filing Details

Accession Number:
0001209191-14-061207
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-10-02 18:10:59
Reporting Period:
2014-10-01
Filing Date:
2014-10-02
Accepted Time:
2014-10-02 18:10:59
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1412043 Opower Inc. OPWR Services-Prepackaged Software (7372) 260542549
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1601523 Jeremy Kirsch C/O Opower, Inc.
1515 North Courthouse Road, 8Th Floor
Arlington VA 22201
Svp, Worldwide 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 Disposition 2014-10-01 95,000 $11.17 125,000 No 4 S Direct
Common Stock Acquisiton 2014-10-01 12,500 $0.05 137,500 No 4 M Direct
Common Stock Disposition 2014-10-01 6,282 $17.15 131,218 No 4 S Direct
Common Stock Disposition 2014-10-01 10,385 $17.81 120,833 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 M Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Option (Right to Buy) Disposition 2014-10-01 12,500 $0.00 12,500 $0.05
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
734,500 2018-07-26 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 62,500 Indirect See Footnote
Common Stock 62,500 Indirect See Footnote
Footnotes
  1. Shares transferred to a third party in a private transaction pursuant to the exercise of a right to purchase such shares pursuant to a loan agreement previously entered between the reporting person and such party.
  2. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 9, 2014.
  3. The sale prices reported in column 4 of Table 1 represent the weighted average sale price of the shares sold ranging from $16.60 to $17.59 and $17.60 to $18.30, per share, respectively. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
  4. Shares held by The Jeremy E. Kirsch 2013 Five-Year Grantor Retained Annuity Trust.
  5. Shares held by The Jeremy E. Kirsch 2013 Three-Year Grantor Retained Annuity Trust.
  6. The option is fully vested and exercisable.