Filing Details

Accession Number:
0001209191-16-150792
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-11-17 14:07:41
Reporting Period:
2016-11-15
Filing Date:
2016-11-17
Accepted Time:
2016-11-17 14:07:41
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
1399347 M Warren Weiss 250 Middlefield Road
Menlo Park CA 94025
Yes No Yes 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 Disposition 2016-11-15 29,362 $14.58 0 No 4 S Indirect By The Warren M. Weiss Trust UA dated 7/20/2005
Common Stock Disposition 2016-11-15 5,306 $14.58 0 No 4 S Indirect By ALLY L. WEISS GST EXEMPT TRUST
Common Stock Disposition 2016-11-15 5,306 $14.58 0 No 4 S Indirect By SHANE T. WEISS GST EXEMPT TRUST
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect By The Warren M. Weiss Trust UA dated 7/20/2005
No 4 S Indirect By ALLY L. WEISS GST EXEMPT TRUST
No 4 S Indirect By SHANE T. WEISS GST EXEMPT TRUST
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 10,307,012 Indirect By Foundation Capital IV, L.P.
Common Stock 686 Indirect By Foundation Capital, LLC
Common Stock 84,866 Indirect By: FC IV Active Advisors Fund, LLC
Common Stock 91,204 Indirect By: Foundation Capital IV Principals Fund, LLC
Footnotes
  1. The Reporting Person is a managing member of Foundation Capital Management Co. IV, LLC. Foundation Capital Management Co. IV, LLC is the general partner of Foundation Capital IV, L.P., FC IV Active Advisors Fund, LLC and Foundation Capital IV Principals Fund, LLC. As such, the Reporting Person may be deemed to share voting and investment power over the shares owned by Foundation Capital IV, L.P., FC IV Active Advisors Fund, LLC and Foundation Capital IV Principals Fund, LLC. The Reporting Person disclaims beneficial ownership in the shares held by the aforementioned entities except to the extent of his pecuniary interest therein.
  2. The Reporting Person is a manager of Foundation Capital, LLC. Foundation Capital, LLC is under common control with Foundation Capital Management Co. IV, LLC. As such, the Reporting Person may be deemed to share voting and investment power over the shares owned by Foundation Capital IV, L.P., FC IV Active Advisors Fund, LLC and Foundation Capital IV Principals Fund, LLC. The Reporting Person disclaims beneficial ownership in the shares held by the aforementioned entities except to the extent of his pecuniary interest therein.
  3. Price reflected is the weighted-average sale price for shares sold. The range of sale prices for the transactions reported was $14.53 to $14.64 per share. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
  4. The shares are held by The Warren M. Weiss Trust UA dated 7/20/2005 (the "Weiss Trust"). Warren M. Weiss is a trustee of the Weiss Trust. The Reporting Person disclaims beneficial ownership of the shares held by the Weiss Trust except to the extent of his proportionate pecuniary interest therein.
  5. The shares are held by the ALLY L. WEISS GST EXEMPT TRUST (the "ALLY Trust"). Warren M. Weiss is a trustee of the ALLY Trust. The Reporting Person disclaims beneficial ownership of the shares held by the ALLY Trust except to the extent of his proportionate pecuniary interest therein.
  6. The shares are held by the SHANE T. WEISS GST EXEMPT TRUST (the "SHANE Trust"). Warren M. Weiss is a trustee of the SHANE Trust. The Reporting Person disclaims beneficial ownership of the shares held by the SHANE Trust except to the extent of his proportionate pecuniary interest therein.