Filing Details
- Accession Number:
- 0001140361-17-009252
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2017-02-24 20:32:28
- Reporting Period:
- 2017-02-23
- Filing Date:
- 2017-02-24
- Accepted Time:
- 2017-02-24 20:32:28
- 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 |
|---|---|---|---|---|---|---|---|
| 1571531 | P. Eric Dresselhuys | C/O Silver Spring Networks, Inc. 230 W. Tasman Drive San Jose CA 95134 | Co-Founder & Evp, Global Dev. | 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 | 2017-02-23 | 13,725 | $3.60 | 90,000 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2017-02-23 | 15,033 | $1.10 | 105,033 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2017-02-23 | 28,658 | $11.81 | 76,375 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2017-02-23 | 212 | $12.51 | 76,163 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | 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 | Employee Stock Option (Right to Buy) | Disposition | 2017-02-23 | 13,725 | $0.00 | 13,725 | $3.60 |
| Common Stock | Employee Stock Option (Right to Buy) | Disposition | 2017-02-23 | 15,033 | $0.00 | 15,033 | $1.10 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 1 | 2018-12-22 | No | 4 | M | Direct | |
| 32,467 | 2017-12-13 | No | 4 | M | Direct |
Footnotes
- The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 31, 2016.
- Includes shares acquired by the Reporting Person under the Issuer's employee stock purchase plan on February 14, 2017.
- 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 $11.50 to $12.41 per share. Full information regarding the number of shares sold/purchased 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.
- The stock option grant has fully vested and is immediately exercisable.
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