SILVER SPRING NETWORKS INC 4
4 · SILVER SPRING NETWORKS INC · Filed Nov 22, 2013
Insider Transaction Report
Form 4
Kalinowski Carrie J.
VP, Finance & Corp. Controller
Transactions
- Award
Restricted Stock Units
2013-11-20+6,140→ 6,140 totalExercise: $0.00→ Common Stock (6,140 underlying) - Award
Restricted Stock Units
2013-11-20+6,000→ 6,000 totalExercise: $0.00→ Common Stock (6,000 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]50% of the RSUs vest on November 10, 2014 and the remaining 50% shall vest on November 10, 2015. Shares of the Issuer's common stock will be delivered to the Reporting Person following vesting.