Filing Details
- Accession Number:
- 0001140361-16-068342
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2016-06-02 18:06:37
- Reporting Period:
- 2016-05-31
- Filing Date:
- 2016-06-02
- Accepted Time:
- 2016-06-02 18:06:37
- 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
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Acquisiton | 2016-05-31 | 21,552 | $1.10 | 129,733 | No | 4 | M | Direct | |
Common Stock | Disposition | 2016-05-31 | 21,552 | $13.08 | 108,181 | No | 4 | S | Direct | |
Common Stock | Disposition | 2016-05-31 | 19,456 | $13.08 | 82,920 | No | 4 | S | Indirect | Held by the Scott Lang and Karen-Schroeder Lang Revocable Trust of 2009, dtd December 28, 2009 |
Common Stock | Acquisiton | 2016-06-01 | 11,192 | $1.10 | 119,373 | No | 4 | M | Direct | |
Common Stock | Disposition | 2016-06-01 | 11,192 | $13.05 | 108,181 | No | 4 | S | Direct | |
Common Stock | Disposition | 2016-06-01 | 1,512 | $13.00 | 81,408 | No | 4 | S | Indirect | Held by the Scott Lang and Karen-Schroeder Lang Revocable Trust of 2009, dtd December 28, 2009 |
Common Stock | Acquisiton | 2016-06-02 | 12,452 | $1.10 | 120,633 | No | 4 | M | Direct | |
Common Stock | Disposition | 2016-06-02 | 12,452 | $13.20 | 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 | 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 | |
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
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Employee Stock Option (right to buy) | Disposition | 2016-05-31 | 21,552 | $0.00 | 21,552 | $1.10 |
Common Stock | Employee Stock Option (right to buy) | Disposition | 2016-06-01 | 11,192 | $0.00 | 11,192 | $1.10 |
Common Stock | Employee Stock Option (right to buy) | Disposition | 2016-06-02 | 12,452 | $0.00 | 12,452 | $1.10 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
83,186 | 2017-05-31 | No | 4 | M | Direct | |
71,994 | 2017-05-31 | No | 4 | M | Direct | |
59,542 | 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 $13.00 to $13.17 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 $13.31 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.