SEC Form 4 · accession 0001140361-15-031474

Itron Networked Solutions, Inc. · SSNI

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — General Counsel & Secretary

Period of report

Aug 10, 2015

Accepted (ET)

Aug 12, 2015 · 7:51 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001180079

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock	Aug 10, 2015	M	78	$0.00	A	12,447	D
Common Stock	Aug 10, 2015	F	30	$13.31	D	12,417	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Restricted Stock Units^F3,F4	$0.00	Aug 10, 2015	M	78	D	—	—	Common Stock	78	704	D

F1Release and settlement of restricted stock units ("RSUs") granted to the Reporting Person on November 20, 2013, the grant of which was previously reported on a Form 4 by the Reporting Person.
F2Exempt 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.
F3Each RSU represents a contingent right to receive one share of the Issuer's common stock.
F425% of the RSUs vest on November 10, 2014 and thereafter shall vest 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.