SEC Form 4 · accession 0001209191-16-150792
Itron Networked Solutions, Inc. · SSNI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Warren M Weiss
Director · 10% Owner
Period of report
Nov 15, 2016
Accepted (ET)
Nov 17, 2016 · 2:07 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 StockF3,F4 | Nov 15, 2016 | S | 29,362 | $14.58 | D | 0 | I | By The Warren M. Weiss Trust UA dated 7/20/2005 |
| Common StockF3,F5 | Nov 15, 2016 | S | 5,306 | $14.58 | D | 0 | I | By ALLY L. WEISS GST EXEMPT TRUST |
| Common StockF3,F6 | Nov 15, 2016 | S | 5,306 | $14.58 | D | 0 | I | By SHANE T. WEISS GST EXEMPT TRUST |
| Common StockF1 | holding | — | — | — | 10,307,012 | I | By Foundation Capital IV, L.P. | |
| Common StockF2 | holding | — | — | — | 686 | I | By Foundation Capital, LLC | |
| Common StockF1 | holding | — | — | — | 84,866 | I | By: FC IV Active Advisors Fund, LLC | |
| Common StockF1 | holding | — | — | — | 91,204 | I | By: Foundation Capital IV Principals Fund, LLC |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The Reporting Person is a managing member of Foundation Capital Management Co. IV, LLC. Foundation Capital Management Co. IV, LLC is the general partner of Foundation Capital IV, L.P., FC IV Active Advisors Fund, LLC and Foundation Capital IV Principals Fund, LLC. As such, the Reporting Person may be deemed to share voting and investment power over the shares owned by Foundation Capital IV, L.P., FC IV Active Advisors Fund, LLC and Foundation Capital IV Principals Fund, LLC. The Reporting Person disclaims beneficial ownership in the shares held by the aforementioned entities except to the extent of his pecuniary interest therein.
- F2The Reporting Person is a manager of Foundation Capital, LLC. Foundation Capital, LLC is under common control with Foundation Capital Management Co. IV, LLC. As such, the Reporting Person may be deemed to share voting and investment power over the shares owned by Foundation Capital IV, L.P., FC IV Active Advisors Fund, LLC and Foundation Capital IV Principals Fund, LLC. The Reporting Person disclaims beneficial ownership in the shares held by the aforementioned entities except to the extent of his pecuniary interest therein.
- F3Price reflected is the weighted-average sale price for shares sold. The range of sale prices for the transactions reported was $14.53 to $14.64 per share. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
- F4The shares are held by The Warren M. Weiss Trust UA dated 7/20/2005 (the "Weiss Trust"). Warren M. Weiss is a trustee of the Weiss Trust. The Reporting Person disclaims beneficial ownership of the shares held by the Weiss Trust except to the extent of his proportionate pecuniary interest therein.
- F5The shares are held by the ALLY L. WEISS GST EXEMPT TRUST (the "ALLY Trust"). Warren M. Weiss is a trustee of the ALLY Trust. The Reporting Person disclaims beneficial ownership of the shares held by the ALLY Trust except to the extent of his proportionate pecuniary interest therein.
- F6The shares are held by the SHANE T. WEISS GST EXEMPT TRUST (the "SHANE Trust"). Warren M. Weiss is a trustee of the SHANE Trust. The Reporting Person disclaims beneficial ownership of the shares held by the SHANE Trust except to the extent of his proportionate pecuniary interest therein.