SEC Form 4 · accession 0001209191-15-012303
OPOWER, INC. · OPWR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Daniel Yates
Officer — Chief Executive Officer · Director · 10% Owner
Period of report
Feb 9, 2015
Accepted (ET)
Feb 11, 2015 · 8:25 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001412043
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2,F3 | Feb 9, 2015 | S | 9,693 | $12.6507 | D | 6,454,734 | D | |
| Common StockF2,F4 | Feb 9, 2015 | S | 2,407 | $12.6507 | D | 1,612,593 | I | See Footnote |
| Common StockF5,F3 | Feb 10, 2015 | S | 20,605 | $12.8648 | D | 6,434,129 | D | |
| Common StockF5,F4 | Feb 10, 2015 | S | 5,116 | $12.8648 | D | 1,607,477 | I | See Footnote |
| Common StockF6,F3 | Feb 11, 2015 | S | 5,412 | $12.8134 | D | 6,428,717 | D | |
| Common StockF6,F4 | Feb 11, 2015 | S | 1,344 | $12.8134 | D | 1,606,133 | I | See Footnote |
| Common StockF7 | holding | — | — | — | 50,000 | I | See Footnote | |
| Common StockF8 | holding | — | — | — | 0 | I | See Footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This sale was effected pursuant to Rule 10b5-1 trading plans adopted by the Reporting Person on June 12, 2014.
- F2This sale price represents the weighted average sale price of the shares sold ranging from $12.35 to $12.78 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
- F3Includes 5,167 shares acquired by the Reporting Person in December 2014 pursuant to a pro rata distribution by a limited partnership to its partners for no additional consideration.
- F4Shares held by the Yates-Whitman 2013 Annuity Trust #1.
- F5This sale price represents the weighted average sale price of the shares sold ranging from $12.4699 to $13.08 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
- F6This sale price represents the weighted average sale price of the shares sold ranging from $ 12.75 to $12.90 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
- F7Shares held by Ralph Aaron Yates, Dorit Strauss Yates and Daniel Joseph Yates, Trustees of the Ralph Aaron Yates and Dorit Strauss Yates Declaration of Trust Dated December 19, 1990.
- F8This form and future filings exclude shares held by Ivan Jellinek and Monica Jellinek, and Pierre Poussard and Mary Winston Nicklin, who granted irrevocable proxies to Mr. Yates. Mr. Yates does not have a pecuniary interest in such shares.