Filing Details

Accession Number:
0001209191-15-022561
Form Type:
4
Zero Holdings:
No
Publication Time:
2015-03-04 19:06:36
Reporting Period:
2015-03-02
Filing Date:
2015-03-04
Accepted Time:
2015-03-04 19:06:36
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 Acquisiton 2015-03-02 12,500 $0.05 147,289 No 4 M Direct
Common Stock Disposition 2015-03-02 16,667 $15.09 130,622 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 Stock Option (Right to Buy) Disposition 2015-03-02 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
672,000 2018-07-26 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 52,275 Indirect See Footnote
Common Stock 42,101 Indirect See Footnote
Footnotes
  1. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 9, 2014.
  2. Includes 10,225 shares previously held by The Jeremy E. Kirsch 2013 Five-Year Grantor Retained Annuity Trust and 20,399 shares previously held by The Jeremy E. Kirsch 2013 Three-Year Grantor Retained Annuity Trust.
  3. This sale price represents the weighted average sale price of the shares sold ranging from $14.96 to $15.47 per share. 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, and excludes 10,225 shares now directly held by the Reporting Person.
  5. Shares held by The Jeremy E. Kirsch 2013 Three-Year Grantor Retained Annuity Trust, and excludes 20,399 shares now directly held by the Reporting Person.
  6. The option is fully vested and exercisable. 12.5% of the shares vested January 14, 2009, 21.875% of the shares vested on July 14, 2009, and the remaining shares vested in equal monthly installments over the following three years.