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Filing Details

Accession Number:: 0001140361-16-067936
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2016-05-31 18:43:56
Reporting Period:: 2016-05-26

Filing Date:: 2016-05-31
Accepted Time:: 2016-05-31 18:43:56
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. 230 W. Tasman Drive San Jose CA 95134	Board Chair; Executivechairman	Yes	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2016-05-26	12,192	$1.10	125,373	No	4	M	Direct
Common Stock	Disposition	2016-05-26	6,930	$12.94	118,443	No	4	S	Direct
Common Stock	Disposition	2016-05-26	5,262	$13.08	113,181	No	4	S	Direct
Common Stock	Disposition	2016-05-26	5,000	$12.83	108,181	No	4	S	Direct
Common Stock	Disposition	2016-05-26	5,000	$12.97	106,408	No	4	S	Indirect	Held by the Scott Lang and Karen-Schroeder Lang Revocable Trust of 2009, dtd December 28, 2009
Common Stock	Disposition	2016-05-26	4,032	$13.09	102,376	No	4	S	Indirect	Held by the Scott Lang and Karen-Schroeder Lang Revocable Trust of 2009, dtd December 28, 2009
Common Stock	Acquisiton	2016-05-27	3,545	$1.10	111,726	No	4	M	Direct
Common Stock	Disposition	2016-05-27	3,545	$12.80	108,181	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	M	Direct
No	4	S	Direct
No	4	S	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
No	4	M	Direct
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Employee Stock Option (right to buy)	Disposition	2016-05-26	12,192	$0.00	12,192	$1.10
Common Stock	Employee Stock Option (right to buy)	Disposition	2016-05-27	3,545	$0.00	3,545	$1.10

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
108,283		2017-05-31	No	4	M	Direct
104,738		2017-05-31	No	4	M	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	19,062	Indirect	Held in Trust on Behalf of Reporting Person's Child A
Common Stock	19,062	Indirect	Held in Trust on Behalf of Reporting Person's Child B
Common Stock	19,062	Indirect	Held in Trust on Behalf of Reporting Person's Child C
Common Stock	19,062	Indirect	Held in Trust on Behalf of Reporting Person's Child D

Footnotes

The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 26, 2016.
Represents the aggregate of sales effected on the same day at different prices.
Represents the weighted average sales price per share. The shares were sold at prices ranging from $12.79 to $13.11 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.
Represents the weighted average sales price per share. The shares were sold at prices ranging from $13.00 to $13.30 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.
Represents the weighted average sales price per share. The shares were sold at prices ranging from $12.78 to $12.85 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.
Represents the weighted average sales price per share. The shares were sold at prices ranging from $12.91 to $13.11 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.
Reporting Person is the Co-Trustee.
Reporting Person's wife is the trustee and Reporting Person's child is the beneficiary of the trust.
The stock option grant has fully vested and is immediately exercisable.