0001140361-17-021048.txt : 20170516 0001140361-17-021048.hdr.sgml : 20170516 20170516191428 ACCESSION NUMBER: 0001140361-17-021048 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20170512 FILED AS OF DATE: 20170516 DATE AS OF CHANGE: 20170516 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: 17849981 MAIL ADDRESS: STREET 1: 555 BROADWAY STREET CITY: REDWOOD CITY STATE: CA ZIP: 94063 4 1 doc1.xml FORM 4 X0306 4 2017-05-12 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 2017-05-12 4 M 0 3125 0 A 63009 D Common Stock 2017-05-12 4 F 0 972 9.83 D 62037 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 2017-05-12 4 M 0 3125 0 D Common Stock 3125 12500 D Release and settlement of restricted stock units ("RSUs") granted to the Reporting Person on May 12, 2014, the grant of which was previously reported on a Form 4 by the Reporting Person. 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 May 12, 2015 and thereafter vests quarterly as to 6.25% of the total RSUs with the first 6.25% vesting on August 12, 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 2017-05-16