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
  1. 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.
  2. Includes shares acquired by the Reporting Person under the Issuer's employee stock purchase plan on February 14, 2017.
  3. 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.
  4. 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.