4//SEC Filing
MINDICH JEREMY 4
Accession 0000899243-19-014519
CIK 0000780571other
Filed
May 22, 8:00 PM ET
Accepted
May 23, 4:13 PM ET
Size
16.6 KB
Accession
0000899243-19-014519
Insider Transaction Report
Form 4
ITRON INC /WA/ITRI
SCOPIA FUND MANAGEMENT, LLC
10% Owner
Transactions
- Sale
Common Stock
2019-05-22$57.47/sh−21,206$1,218,779→ 4,005,141 total(indirect: See Footnotes) - Sale
Common Stock
2019-05-21$57.43/sh−33,880$1,945,732→ 4,026,347 total(indirect: See Footnotes)
Holdings
- 1,202
Common Stock
- 653
Common Stock
Scopia Management, Inc.
10% Owner
Transactions
- Sale
Common Stock
2019-05-22$57.47/sh−21,206$1,218,779→ 4,005,141 total(indirect: See Footnotes) - Sale
Common Stock
2019-05-21$57.43/sh−33,880$1,945,732→ 4,026,347 total(indirect: See Footnotes)
Holdings
- 1,202
Common Stock
- 653
Common Stock
SIROVICH MATTHEW
10% Owner
Transactions
- Sale
Common Stock
2019-05-22$57.47/sh−21,206$1,218,779→ 4,005,141 total(indirect: See Footnotes) - Sale
Common Stock
2019-05-21$57.43/sh−33,880$1,945,732→ 4,026,347 total(indirect: See Footnotes)
Holdings
- 1,202
Common Stock
- 653
Common Stock
MINDICH JEREMY
10% Owner
Transactions
- Sale
Common Stock
2019-05-21$57.43/sh−33,880$1,945,732→ 4,026,347 total(indirect: See Footnotes) - Sale
Common Stock
2019-05-22$57.47/sh−21,206$1,218,779→ 4,005,141 total(indirect: See Footnotes)
Holdings
- 1,202
Common Stock
- 653
Common Stock
Footnotes (6)
- [F1]The sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted by Scopia Capital Management LP ("Scopia Management") on May 20, 2019.
- [F2]Shares of common stock of Itron, Inc. (the "Issuer") that are held in the accounts of several investment funds, including Scopia Long LLC, Scopia Windmill Fund LP, Scopia LB LLC, Scopia International Master Fund LP, Scopia PX LLC, Scopia PX International Master Fund LP, Scopia Partners LLC, Scopia Long International Master Fund LP and Scopia Long QP LLC (together, the "Investment Vehicles") for which Scopia Management serves as the investment manager. Each of the Investment Vehicles individually holds less than 10% of the Issuer's outstanding shares of common stock. Scopia Management, as the investment manager of the Investment Vehicles, may be deemed to indirectly beneficially own the shares of common stock of the Issuer held directly by the Investment Vehicles because Scopia Management has voting and investment power over such securities.
- [F3](Continued from footnote 2) In addition, Scopia Management, Inc. ("Scopia Inc."), as general partner of Scopia Management, and Matthew Sirovich and Jeremy Mindich, as Managing Directors of Scopia Inc., may be deemed to indirectly beneficially own the shares of common stock of the Issuer held directly by the Investment Vehicles because each of Scopia Inc., Mr. Sirovich and Mr. Mindich may be deemed to exercise voting and investment power over such securities. Further, Messrs. Sirovich and Mindich may be deemed to have a pecuniary interest in a portion of the securities held directly by the Investment Vehicles due to the right of an affiliate of Scopia Management to receive performance-based allocations and due to their investments in the Investment Vehicles.
- [F4]Each of Scopia Management, Scopia Inc. and Messrs. Sirovich and Mindich disclaims beneficial ownership of the securities held in the accounts of the Investment Vehicles reported herein except to the extent of his or its pecuniary interest therein, and this report shall not be deemed an admission that any of Scopia Management, Scopia Inc. or Messrs. Sirovich and Mindich is the beneficial owner of such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
- [F5]Shares of common stock of the Issuer held directly by Matthew Sirovich.
- [F6]Shares of common stock of the Issuer held directly by Jeremy Mindich.
Issuer
ITRON INC /WA/
CIK 0000780571
Entity typeother
Related Parties
1- filerCIK 0001431207
Filing Metadata
- Form type
- 4
- Filed
- May 22, 8:00 PM ET
- Accepted
- May 23, 4:13 PM ET
- Size
- 16.6 KB