SEC Form 4 · accession 0001140361-17-047221
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 21, 2017
Accepted (ET)
Dec 22, 2017 · 5:00 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 21, 2017 | M | 140,230 | $14.24 | A | 208,068 | D | |
| Common Stock | Dec 21, 2017 | S | 140,230 | $16.23 | 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 21, 2017 | M | 140,230 | D | — | Oct 11, 2025 | Common Stock | 140,230 | 109,375 | 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.