SEC Form 4 · accession 0001140361-17-046805
Itron Networked Solutions, Inc. · SSNI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Bell
Officer — President & CEO · Director
Period of report
Dec 15, 2017
Accepted (ET)
Dec 19, 2017 · 7:30 pm EST
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 | Dec 15, 2017 | M | 183 | $14.24 | A | 68,021 | D | |
| Common Stock | Dec 15, 2017 | S | 183 | $16.24 | D | 67,838 | D | |
| Common Stock | Dec 18, 2017 | M | 212 | $14.24 | A | 68,050 | D | |
| Common Stock | Dec 18, 2017 | S | 212 | $16.24 | D | 67,838 | 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)F1 | $14.24 | Dec 15, 2017 | M | 183 | D | — | Oct 11, 2025 | Common Stock | 183 | 249,817 | D |
| Employee Stock Option (right to buy)F1 | $14.24 | Dec 18, 2017 | M | 212 | D | — | Oct 11, 2025 | Common Stock | 212 | 249,605 | D |
Explanation of responses
- F1The stock option vested as to 1/4th of the total number of shares on September 2, 2016 and thereafter vests as to 1/48th of the total number of shares in equal monthly installments.