Filing Details
- Accession Number:
- 0001140361-17-009254
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2017-02-24 20:33:46
- Reporting Period:
- 2017-02-22
- Filing Date:
- 2017-02-24
- Accepted Time:
- 2017-02-24 20:33:46
- 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 |
|---|---|---|---|---|---|---|---|
| 1677143 | P. Kenneth Gianella | C/O Silver Spring Networks, Inc. 230 W. Tasman Drive San Jose CA 95134 | Chief Financial Officer | 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 | 2017-02-22 | 7,928 | $0.00 | 10,284 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2017-02-22 | 3,316 | $12.63 | 6,968 | No | 4 | F | Direct | |
| Common Stock | Disposition | 2017-02-23 | 1,000 | $12.51 | 5,968 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | S | Direct |
Footnotes
- Represents restricted stock units ("RSUs") awarded to the Reporting Person on February 22, 2017, pursuant to the Issuer's 2016 Corporate Bonus Plan, that vested in full and settled immediately upon grant. The shares of Common Stock were delivered to the Reporting Person upon settlement for no consideration.
- Includes shares acquired by the Reporting Person under the Issuer's employee stock purchase plan on February 14, 2017.
- Exempt transaction pursuant to Section 16b-3(e) for payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. All of the shares reported as disposed of on this line were relinquished to the Issuer by the Reporting Person and cancelled by the Issuer in exchange for the Issuer's agreement to pay federal and state tax withholding obligations of the Reporting Person resulting from the vesting of RSUs. The Reporting Person did not sell or otherwise dispose of any of the shares reported on this line for any reason other than to cover required taxes.
- The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 17, 2016.
Billionaire Hedge Funds
