0001140361-17-020182.txt : 20170512
0001140361-17-020182.hdr.sgml : 20170512
20170512191432
ACCESSION NUMBER: 0001140361-17-020182
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20170510
FILED AS OF DATE: 20170512
DATE AS OF CHANGE: 20170512
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: 230 W. TASMAN DRIVE
CITY: SAN JOSE
STATE: CA
ZIP: 95134
BUSINESS PHONE: 669-770-4000
MAIL ADDRESS:
STREET 1: 230 W. TASMAN DRIVE
CITY: SAN JOSE
STATE: CA
ZIP: 95134
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: 17840609
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
2017-05-10
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
Restricted Stock Units
0
2017-05-10
4
A
0
24217
0
A
Common Stock
24217
24217
D
Performance Stock Unit
0
2017-05-10
4
A
0
14234
0
A
Common Stock
14234
14234
D
Each restricted stock unit ("RSU") or performance stock unit ("PSU") 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 May 10, 2018 and thereafter shall vest quarterly as to 6.25% of the total RSUs with the first 6.25% vesting on August 10, 2018. Shares of the Issuer's common stock will be delivered to the Reporting Person following vesting.
The PSUs will be eligible to vest based on the achievement of an internal financial performance metric, and if the performance metric is achieved thereafter the award is subject to time based vesting over 3 years with 1/3 vesting on each anniversary of the date of grant.
Aysegul Ildeniz by Cecilia Hartwig, Attorney-in-Fact
2017-05-12