Chairman of Silver Spring Networks just sold 21,566 shares

Scott A. Lang, Chairman of Silver Spring Networks and a director of the company, recently sold 21,566 shares of the company. The sales took place at prices ranging from $1.10 to $17.05 per share, on dates ranging from October 07 to October 08, 2013. Lang still owns 623,061 shares of the company. Lang operates out of Redwood City, CA. Some additional info was provided as follows:

The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 30, 2013. Represents the aggregate of sales effected on the same day at different prices. Represents the weighted average sales price per share. The shares were sold at prices ranging from $17.00 to $17.21 per share. Full information regarding the number of shares sold at each price shall be provided upon request to the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer. Represents the weighted average sales price per share. The shares were sold at prices ranging from $17.00 to $17.22 per share. Full information regarding the number of shares sold at each price shall be provided upon request to the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer. Reporting Person is the Co-Trustee. Reporting Person's wife is the trustee and Reporting Person's child is the beneficiary of the trust. The stock option grant is 100% vested and immediately exercisable.

The above information was disclosed in a filing to the SEC. To see this filing in its entirety, click here. Silver Spring Networks next reports earnings on October 30, 2013.

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