SILVER SPRING NETWORKS INC 4
4 · SILVER SPRING NETWORKS INC · Filed Jun 6, 2016
Insider Transaction Report
Form 4
SCHWARTZ JONATHAN I
Director
Transactions
- Award
Restricted Stock Units
2016-06-02+16,569→ 16,569 totalExercise: $0.00→ Common Stock (16,569 underlying)
Footnotes (2)
- [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]The RSUs vest as to 100% of the shares at the earlier date of: (i) the Issuer's 2017 Annual Meeting of Stockholders or (ii) June 2, 2017. Shares of the Issuer's common stock will be delivered to the Reporting Person following vesting.