0001140361-16-076286.txt : 20160812 0001140361-16-076286.hdr.sgml : 20160812 20160812201240 ACCESSION NUMBER: 0001140361-16-076286 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20160810 FILED AS OF DATE: 20160812 DATE AS OF CHANGE: 20160812 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: SILVER SPRING NETWORKS INC CENTRAL INDEX KEY: 0001180079 STANDARD INDUSTRIAL CLASSIFICATION: COMPUTER COMMUNICATIONS EQUIPMENT [3576] IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 555 BROADWAY ST. CITY: REDWOOD CITY STATE: CA ZIP: 94063 BUSINESS PHONE: 650-298-4200 MAIL ADDRESS: STREET 1: 555 BROADWAY ST. CITY: REDWOOD CITY STATE: CA ZIP: 94063 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Ildeniz Aysegul CENTRAL INDEX KEY: 0001680044 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35828 FILM NUMBER: 161829653 MAIL ADDRESS: STREET 1: C/O SILVER SPRING NETWORKS, INC. STREET 2: 230 W. TASMAN DRIVE CITY: SAN JOSE STATE: CA ZIP: 95134 4 1 doc1.xml FORM 4 X0306 4 2016-08-10 0 0001180079 SILVER SPRING NETWORKS INC SSNI 0001680044 Ildeniz Aysegul C/O SILVER SPRING NETWORKS, INC. 230 W. TASMAN DRIVE SAN JOSE CA 95134 0 1 0 0 Chief Operating Officer Employee Stock Option (right to buy) 13.42 2016-08-10 4 A 0 120000 0 A 2026-08-09 Common Stock 120000 120000 D Restricted Stock Units 0 2016-08-10 4 A 0 80000 0 A Common Stock 80000 80000 D 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. Each restricted stock unit ("RSU") represents a contingent right to receive 1 share of the Issuer's Common Stock upon settlement for no consideration. 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. Aysegul Ildeniz by Cecilia Hartwig, Attorney-in-Fact 2016-08-12