4//SEC Filing
SILVER SPRING NETWORKS INC 4
Accession 0001140361-17-009255
CIK 0001180079operating
Filed
Feb 23, 7:00 PM ET
Accepted
Feb 24, 8:34 PM ET
Size
7.0 KB
Accession
0001140361-17-009255
Insider Transaction Report
Form 4
Ildeniz Aysegul
Chief Operating Officer
Transactions
- Exercise/Conversion
Common Stock
2017-02-22+7,336→ 7,336 total - Tax Payment
Common Stock
2017-02-22$12.63/sh−2,691$33,987→ 4,645 total
Footnotes (2)
- [F1]Represents restricted stock units ("RSUs") awarded to the Reporting Person on February 22, 2017, pursuant to the Issuer's 2016 Corporate Bonus Plan, that vested in full and settled immediately upon grant. The shares of Common Stock were delivered to the Reporting Person upon settlement for no consideration.
- [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 in this Form 4 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.
Documents
Issuer
SILVER SPRING NETWORKS INC
CIK 0001180079
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001180079
Filing Metadata
- Form type
- 4
- Filed
- Feb 23, 7:00 PM ET
- Accepted
- Feb 24, 8:34 PM ET
- Size
- 7.0 KB