SILVER SPRING NETWORKS INC 4
4 · SILVER SPRING NETWORKS INC · Filed Feb 24, 2017
Insider Transaction Report
Form 4
Dresselhuys Eric P.
EVP, Global Development
Transactions
- Sale
Common Stock
2017-02-23$11.81/sh−28,658$338,359→ 76,375 total - Exercise/Conversion
Common Stock
2017-02-23$3.60/sh+13,725$49,410→ 90,000 total - Exercise/Conversion
Common Stock
2017-02-23$1.10/sh+15,033$16,536→ 105,033 total - Sale
Common Stock
2017-02-23$12.51/sh−212$2,652→ 76,163 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2017-02-23−13,725→ 1 totalExercise: $3.60Exp: 2018-12-22→ Common Stock (13,725 underlying) - Exercise/Conversion
Employee Stock Option (Right to Buy)
2017-02-23−15,033→ 32,467 totalExercise: $1.10Exp: 2017-12-13→ Common Stock (15,033 underlying)
Footnotes (5)
- [F1]The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 31, 2016.
- [F2]Includes shares acquired by the Reporting Person under the Issuer's employee stock purchase plan on February 14, 2017.
- [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 $11.50 to $12.41 per share. Full information regarding the number of shares sold/purchased 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.