0001140361-16-076289.txt : 20160812 0001140361-16-076289.hdr.sgml : 20160812 20160812201511 ACCESSION NUMBER: 0001140361-16-076289 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: Stynes Theresa CENTRAL INDEX KEY: 0001626430 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35828 FILM NUMBER: 161829657 MAIL ADDRESS: STREET 1: 555 BROADWAY ST. CITY: REDWOOD CITY STATE: CA ZIP: 94063 4 1 doc1.xml FORM 4 X0306 4 2016-08-10 0 0001180079 SILVER SPRING NETWORKS INC SSNI 0001626430 Stynes Theresa C/O SILVER SPRING NETWORKS, INC. 230 W. TASMAN DRIVE SAN JOSE CA 95134 0 1 0 0 VP, Human Resources Common Stock 2016-08-10 4 M 0 144 0 A 13476 D Common Stock 2016-08-10 4 F 0 55 13.53 D 13421 D Common Stock 2016-08-11 4 M 0 209 0 A 13630 D Common Stock 2016-08-11 4 F 0 79 13.42 D 13551 D Restricted Stock Units 0 2016-08-10 4 M 0 144 0 D Common Stock 144 719 D Restricted Stock Units 0 2016-08-11 4 M 0 209 0 D Common Stock 209 1676 D Release and settlement of restricted stock units ("RSUs") granted to the Reporting Person on November 20, 2013, which was previously reported on a Form 3 by the Reporting Person. 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. Release and settlement of RSUs granted to the Reporting Person on August 11, 2014, which was previously reported on a Form 3 by the Reporting Person. Each RSU represents a contingent right to receive one share of the Issuer's common stock. 25% of the RSUs vested on November 10, 2014 and thereafter vests quarterly as to 6.25% of the total RSUs beginning on February 10, 2015. Shares of the Issuer's common stock will be delivered to the Reporting Person following vesting. 25% of the RSUs vested on August 11, 2015 and thereafter vests quarterly as to 6.25% of the total RSUs beginning on November 11, 2015 . Shares of the Issuer's common stock will be delivered to the Reporting Person following vesting. /s/ Theresa Stynes by Cecilia Hartwig, Attorney-in-Fact 2016-08-12