SILVER SPRING NETWORKS INC 4
4 · SILVER SPRING NETWORKS INC · Filed Feb 20, 2014
Insider Transaction Report
Form 4
Middleton Daniel J.
EVP, US & AUS/NZL Sales
Transactions
- Exercise/Conversion
Employee Stock Option (right to buy)
2014-02-18−2,250→ 40,333 totalExercise: $0.10Exp: 2017-01-11→ Common Stock (2,250 underlying) - Exercise/Conversion
Common Stock
2014-02-18$0.10/sh+2,250$225→ 33,446 total - Sale
Common Stock
2014-02-18$17.72/sh−2,393$42,407→ 31,053 total
Footnotes (5)
- [F1]This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 29, 2013.
- [F2]Includes shares previously acquired by the Reporting Person under the Issuer's employee stock purchase plan on February 14, 2014.
- [F3]Represents the aggregate of sales effected on the same day at different prices.
- [F4]Represents the weighted average sales price per share. The shares were sold at prices ranging from $17.56 to $17.85 per share. Full information regarding the number of shares sold at each price shall be provided upon request to the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.
- [F5]The stock option grant has fully vested and is immediately exercisable.