4//SEC Filing
SILVER SPRING NETWORKS INC 4
Accession 0001140361-16-076286
CIK 0001180079operating
Filed
Aug 11, 8:00 PM ET
Accepted
Aug 12, 8:12 PM ET
Size
8.0 KB
Accession
0001140361-16-076286
Insider Transaction Report
Form 4
Ildeniz Aysegul
Chief Operating Officer
Transactions
- Award
Employee Stock Option (right to buy)
2016-08-10+120,000→ 120,000 totalExercise: $13.42Exp: 2026-08-09→ Common Stock (120,000 underlying) - Award
Restricted Stock Units
2016-08-10+80,000→ 80,000 totalExercise: $0.00→ Common Stock (80,000 underlying)
Footnotes (3)
- [F1]The stock option vests and becomes exercisable as to 1/4th of the total number of shares on August 10, 2017, and thereafter vests as to 1/48th of the total number of shares in equal monthly installments.
- [F2]Each restricted stock unit ("RSU") represents a contingent right to receive 1 share of the Issuer's Common Stock upon settlement for no consideration.
- [F3]25% of the RSUs vest on August 10, 2017 and thereafter vests quarterly as to 6.25% of the total RSUs with the first 6.25% vesting on November 10, 2017. 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
- Aug 11, 8:00 PM ET
- Accepted
- Aug 12, 8:12 PM ET
- Size
- 8.0 KB