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
  1. 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.
  2. Includes shares acquired by the Reporting Person under the Issuer's employee stock purchase plan on February 14, 2017.
  3. Represents the aggregate of sales effected on the same day at different prices.
  4. 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.
  5. The stock option grant has fully vested and is immediately exercisable.