SEC Form 4 · accession 0001140361-17-032751
Itron Networked Solutions, Inc. · SSNI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Raj Vaswani
Officer — Co-Founder
Period of report
Aug 16, 2017
Accepted (ET)
Aug 18, 2017 · 6:38 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 16, 2017 | M | 14,273 | $1.10 | A | 648,724 | D | |
| Common StockF2,F3 | Aug 16, 2017 | S | 14,273 | $12.8969 | D | 634,451 | D | |
| Common Stock | Aug 16, 2017 | S | 956 | $12.84 | D | 633,495 | D | |
| Common Stock | Aug 17, 2017 | S | 458 | $12.71 | D | 633,037 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F4 | $1.10 | Aug 16, 2017 | M | 14,273 | D | — | Dec 13, 2017 | Common Stock | 14,273 | 57,091 | D |
Explanation of responses
- F1The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 30, 2016.
- F2Represents the aggregate of sales effected on the same day at different prices.
- F3Represents the weighted average sales price per share. The shares were sold at prices ranging from $12.72 to $13.00 per share. Full information regarding the number of shares sold at each price shall be provided upon request to the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.
- F4The stock option grant has fully vested and is immediately exercisable.