SILVER SPRING NETWORKS INC 4
4 · SILVER SPRING NETWORKS INC · Filed Nov 22, 2013
Insider Transaction Report
Form 4
JOYCE JOHN R
Vice Chairman & CFO
Transactions
- Award
Restricted Stock Units
2013-11-20+3,125→ 3,125 totalExercise: $0.00→ Common Stock (3,125 underlying) - Award
Restricted Stock Units
2013-11-20+10,000→ 10,000 totalExercise: $0.00→ Common Stock (10,000 underlying)
Footnotes (3)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive 1 share of the Issuer's Common Stock upon settlement for no consideration.
- [F2]25% of the RSUs vest on November 10, 2014 and thereafter shall vest quarterly as to 6.25% of the total RSUs with the first 6.25% vesting on February 10, 2015. Shares of the Issuer's common stock will be delivered to the Reporting Person following vesting.
- [F3]100% of the RSUs shall vest on November 10, 2014. Shares of the Issuer's common stock will be delivered to the Reporting Person following vesting.