0001140361-17-020183.txt : 20170512
0001140361-17-020183.hdr.sgml : 20170512
20170512191526
ACCESSION NUMBER: 0001140361-17-020183
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: Lang Scott A.
CENTRAL INDEX KEY: 0001571601
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35828
FILM NUMBER: 17840612
MAIL ADDRESS:
STREET 1: 555 BROADWAY STREET
CITY: REDWOOD CITY
STATE: CA
ZIP: 94063
4
1
doc1.xml
FORM 4
X0306
4
2017-05-10
0
0001180079
SILVER SPRING NETWORKS INC
SSNI
0001571601
Lang Scott A.
C/O SILVER SPRING NETWORKS, INC.
230 W. TASMAN DRIVE
SAN JOSE
CA
95134
1
1
0
0
Board Chair; ExecutiveChairman
Common Stock
2017-05-10
4
M
0
390
0
A
60006
D
Common Stock
2017-05-10
4
F
0
122
11.66
D
59884
D
Common Stock
81408
I
Held by the Scott Lang and Karen-Schroeder Lang Revocable Trust of 2009, dtd December 28, 2009
Common Stock
19062
I
Held in Trust on Behalf of Reporting Person's Child A
Common Stock
19062
I
Held in Trust on Behalf of Reporting Person's Child B
Common Stock
19062
I
Held in Trust on Behalf of Reporting Person's Child C
Common Stock
19062
I
Held in Trust on Behalf of Reporting Person's Child D
Restricted Stock Units
0
2017-05-10
4
M
0
390
0
D
Common Stock
390
782
D
Vesting of restricted stock units ("RSUs") granted to the Reporting Person on November 20, 2013.
Exempt transaction pursuant to Section 16b-3(e) - 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 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.
Reporting Person is the Co-Trustee.
Reporting Person's wife is the trustee and Reporting Person's child is the beneficiary of the trust.
Each RSU represents a contingent right to receive 1 share of the Issuer's Common Stock upon settlement for no consideration.
25% of the RSUs vested on November 10, 2014 and thereafter vests quarterly as to 6.25% of the total RSUs with the first 6.25% vesting on February 10, 2015. Shares of the Issuer's common stock will be delivered to the Reporting Person following vesting.
/s/ Scott A. Lang by Cecilia Hartwig, Attorney-in-Fact
2017-05-12