SEC Form 4 · accession 0001140361-17-047223
Itron Networked Solutions, Inc. · SSNI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Theresa Stynes
Officer — Chief Human Resources Officer
Period of report
Dec 21, 2017
Accepted (ET)
Dec 22, 2017 · 5:01 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 | 42 | $14.90 | A | 24,519 | D | |
| Common Stock | Dec 21, 2017 | M | 279 | $9.67 | A | 24,798 | D | |
| Common Stock | Dec 21, 2017 | M | 834 | $9.60 | A | 25,632 | D | |
| Common Stock | Dec 21, 2017 | M | 729 | $13.09 | A | 26,361 | D | |
| Common Stock | Dec 21, 2017 | S | 1,884 | $16.2337 | D | 24,477 | D | |
| Common Stock | Dec 21, 2017 | S | 13,234 | $16.23 | D | 11,243 | D | |
| Common Stock | Dec 22, 2017 | S | 2,500 | $16.2301 | D | 8,743 | 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 | $14.90 | Dec 21, 2017 | M | 42 | D | — | Apr 9, 2024 | Common Stock | 42 | 167 | D |
| Employee Stock Option (right to buy)F1 | $9.67 | Dec 21, 2017 | M | 279 | D | — | Aug 10, 2024 | Common Stock | 279 | 1,117 | D |
| Employee Stock Option (right to buy)F2 | $9.60 | Dec 21, 2017 | M | 834 | D | — | Mar 9, 2025 | Common Stock | 834 | 12,500 | D |
| Employee Stock Option (right to buy)F3 | $13.09 | Dec 21, 2017 | M | 729 | D | — | May 9, 2026 | Common Stock | 729 | 21,146 | D |
Explanation of responses
- F1The stock option vests and becomes exercisable as to 1/4th of the total number of shares on the one-year anniversary of the vesting commencement date, and thereafter vests as to 1/48th of the total number of shares in equal monthly installments.
- F2The stock option will vest as to 1/4th of the total number of shares on March 10, 2016 and thereafter shall vest as to 1/48th of the total number of shares in equal monthly installments.
- F3The stock option will vest as to 1/4th of the total number of shares on May 10, 2017 and thereafter shall vest as to 1/48th of the total number of shares in equal monthly installments.