4//SEC Filing
SILVER SPRING NETWORKS INC 4
Accession 0001140361-14-004890
CIK 0001180079operating
Filed
Feb 4, 7:00 PM ET
Accepted
Feb 5, 8:19 PM ET
Size
9.5 KB
Accession
0001140361-14-004890
Insider Transaction Report
Form 4
Kalinowski Carrie J.
VP, Finance & Corp. Controller
Transactions
- Tax Payment
Common Stock
2014-02-03$17.05/sh−110$1,876→ 4,971 total - Exercise/Conversion
Restricted Stock Units
2014-02-03−250→ 500 totalExercise: $0.00→ Common Stock (250 underlying) - Exercise/Conversion
Common Stock
2014-02-03+250→ 5,081 total
Footnotes (4)
- [F1]Release and settlement of restricted stock units ("RSUs") granted to the Reporting Person on February 1, 2012, which were previously reported on a Form 3 by the Reporting Person.
- [F2]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 Form 4 for any reason other than to cover required taxes.
- [F3]Each RSU represents a contingent right to receive one share of the Issuer's common stock upon settlement for no consideration.
- [F4]25% of the RSUs vested as of the date of the Issuer's initial public offering, and thereafter vests as to 25% of the total RSUs in equal installments on each subsequent anniversary of the grant date. Shares of the Issuer's common stock will be delivered to the Reporting Person following vesting.
Documents
Issuer
SILVER SPRING NETWORKS INC
CIK 0001180079
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001180079
Filing Metadata
- Form type
- 4
- Filed
- Feb 4, 7:00 PM ET
- Accepted
- Feb 5, 8:19 PM ET
- Size
- 9.5 KB