S-8 1 d149314ds8.htm FORM S-8 Form S-8

As filed with the Securities and Exchange Commission on March 9, 2016

Registration No. 333-            

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM S-8

REGISTRATION STATEMENT

UNDER

THE SECURITIES ACT OF 1933

 

 

SILVER SPRING NETWORKS, INC.

(Exact name of registrant as specified in its charter)

 

 

 

Delaware   43-1966972

(State or other jurisdiction

of incorporation or organization)

 

(I.R.S. Employer

Identification No.)

555 Broadway Street

Redwood City, California

  94063
(Address of Principal Executive Offices)   (Zip Code)

2012 Equity Incentive Plan

2012 Employee Stock Purchase Plan

(Full title of the plans)

 

 

Michael Bell

President and Chief Executive Officer

Silver Spring Networks, Inc.

555 Broadway Street

Redwood City, California 94063

(Name and address of agent for service)

(650) 839-4000

(Telephone number, including area code, of agent for service)

 

 

Please send copies of all communications to:

 

Robert A. Freedman, Esq.

Michael A. Brown, Esq.

Fenwick & West LLP

801 California Street

Mountain View, California 94041

(650) 988-8500

 

Richard S. Arnold, Jr., Esq.

Deanna M. Butler, Esq.

Silver Spring Networks, Inc.

555 Broadway Street

Redwood City, California 94063

(650) 839-4000

 

 

Indicate by check mark whether the Registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See definitions of “large accelerated filer,” “accelerated filer,” and “smaller reporting company” in Rule 12b-2 of the Exchange Act. (Check one):

 

Large accelerated filer   ¨    Accelerated filer   x
Non-accelerated filer   ¨  (Do not check if a smaller reporting company)    Smaller reporting company   ¨

 

 

CALCULATION OF REGISTRATION FEE

 

 

Title of Securities

To Be Registered

 

Amount

To Be

Registered(1)

 

Proposed

Maximum

Offering Price

Per Share

  

Proposed

Maximum

Aggregate

Offering Price

   Amount of
Registration Fee

Common Stock, $0.001 par value per share

  2,024,828(2)   $12.79(3)    $25,897,550(3)    $2,608(3)

Common Stock, $0.001 par value per share

    506,207(4)     10.87(5)        5,502,470(5)         554(5)

TOTAL

     2,531,035          N/A      $31,400,020      $3,162

 

 

(1)  Pursuant to Rule 416(a) under the Securities Act of 1933, as amended (the “Securities Act”), this Registration Statement shall also cover any additional shares of the Registrant’s common stock that become issuable in respect of the securities identified in the above table by reason of any stock dividend, stock split, recapitalization or other similar transaction effected without the Registrant’s receipt of consideration that results in an increase in the number of the outstanding shares of the Registrant’s common stock.
(2)  Represents additional shares of Registrant’s common stock automatically reserved and available for issuance under the 2012 Equity Incentive Plan, as amended, resulting from the annual 4% increase in the number of shares reserved and available for issuance on January 1 of each of the first ten years following the Registrant’s initial public offering.
(3)  Estimated pursuant to Rules 457(c) and (h) of the Securities Act, solely for purposes of calculating the registration fee, on the basis of the average of the high and low prices of the Registrant’s Common Stock as reported on the New York Stock Exchange on March 3, 2016.
(4)  Represents additional shares of Registrant’s common stock automatically reserved and available for issuance under the 2012 Employee Stock Purchase Plan (the “ESPP”) resulting from the annual 1% increase in the number of shares reserved and available for issuance on January 1 of each of the first ten years following the Registrant’s initial public offering.
(5)  Estimated pursuant to Rules 457(c) and (h) of the Securities Act, solely for purposes of calculating the registration fee, on the basis of the average of the high and low prices of the Registrant’s Common Stock as reported on the New York Stock Exchange on March 3, 2016. Under the ESPP, the purchase price of a share of common stock is equal to 85% of the fair market value of the common stock on the offering date (i.e., the first business day of a six-month offering period) or the purchase date (i.e., the last business day of a six-month purchase period), whichever is less.

 

 

 


REGISTRATION OF ADDITIONAL SHARES

PURSUANT TO GENERAL INSTRUCTION E

Pursuant to General Instruction E of Form S-8, Silver Spring Networks, Inc. (the “Registrant”) is filing this Registration Statement with the SEC to register 2,024,828 additional shares of Common Stock under the Registrant’s 2012 Equity Incentive Plan, as amended, and 506,207 additional shares of Common Stock under the Registrant’s 2012 Employee Stock Purchase Plan, pursuant to the provisions of those plans providing for an automatic increase in the number of shares reserved for issuance under such plans. This Registration Statement hereby incorporates by reference the contents of the Registrant’s registration statements on Form S-8 filed with the Securities and Exchange Commission (the “Commission”) on March 13, 2013 (Registration No. 333-187220), February 27, 2014 (Registration No. 333-194200) and March 2, 2015 (Registration No. 333-202452). In accordance with the instructional note to Part I of Form S-8 as promulgated by the Commission, the information specified by Part I of Form S-8 has been omitted from this Registration Statement.


PART II

Information Required in the Registration Statement

 

Item 8. Exhibits.

 

Exhibit

Number

        Incorporated by Reference   

Filed
Herewith

  

Exhibit Description

  

Form

  

File No.

  

Exhibit

  

Filing Date

  
4.1    Restated Certificate of Incorporation of the Registrant.    10-Q    001-35828    3.1    5/9/2013   
4.2    Restated Bylaws of the Registrant.    10-Q    001-35828    3.2    5/9/2013   
4.3    Form of Common Stock Certificate.    S-1/A    333-175393    4.1    11/30/2012   
5.1    Opinion and Consent of Fenwick & West LLP.                X
23.1    Consent of Independent Registered Public Accounting Firm.                X
23.2    Consent of Fenwick & West LLP (contained in Exhibit 5.1).                X
24.1    Power of Attorney (included on the signature page of this Registration Statement).                X
99.1    2012 Equity Incentive Plan, as amended to date.    10-Q    001-35828    10.1    8/7/2015   
99.2    2012 Employee Stock Purchase Plan.    S-1    333-175393    10.4    6/4/2012   

 

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SIGNATURES

Pursuant to the requirements of the Securities Act of 1933, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Redwood City, State of California, on this 9th day of March, 2016.

 

Silver Spring Networks, Inc.
By:   /s/ Michael Bell
  Michael Bell
  President and Chief Executive Officer

POWER OF ATTORNEY

KNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature appears below constitutes and appoints Michael Bell and James P. Burns, and each of them, as his or her true and lawful attorneys-in-fact and agents, each with the full power of substation, for him or her and in his or her name, place or stead, in any and all capacities, to sign any and all amendments to this registration statement (including post-effective amendments) to this Registration Statement on Form S-8, and to file the same, with all exhibits thereto and documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorneys-in-fact and agents, and each of them, full power and authority to do and perform each and every act and thing requisite and necessary to be done in and about the premises, as fully to all intents and purposes as he might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agents, or their or his substitute or substitutes, may lawfully do or cause to be done by virtue hereof.

Pursuant to the requirements of the Securities Act of 1933, as amended, this Registration Statement has been signed by the following persons on behalf of the Registrant in the capacities and on the dates indicated.

 

Signature

  

Title

 

Date

/s/ Michael Bell

Michael Bell

  

President and Chief Executive Officer and Director

(Principal Executive Officer)

  March 9, 2016

/s/ James P. Burns

James P. Burns

  

Executive Vice President and Chief

Financial Officer

(Principal Financial and Accounting Officer)

  March 9, 2016

/s/ Scott A. Lang

Scott A. Lang

  

Executive Chairman and Chairman of the

Board of Directors

  March 9, 2016

/s/ Thomas R. Kuhn

Thomas R. Kuhn

   Director   March 9, 2016

/s/ Jonathan Schwartz

Jonathan Schwartz

   Director   March 9, 2016

/s/ Richard A. Simonson

Richard A. Simonson

   Director   March 9, 2016

 

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/s/ Laura D. Tyson

Laura D. Tyson

   Director   March 9, 2016

/s/ Peter Van Camp

Peter Van Camp

   Director   March 9, 2016

/s/ Warren M. Weiss

Warren M. Weiss

   Director   March 9, 2016

/s/ Thomas H. Werner

Thomas H. Werner

   Director   March 9, 2016

 

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EXHIBIT INDEX

 

Exhibit
Number

  

Exhibit Description

   Incorporated by Reference    Filed
Herewith
         

Form

  

File No.

  

Exhibit

  

Filing Date

  
4.1    Restated Certificate of Incorporation of the Registrant.    10-Q    001-35828    3.1    5/9/2013   
4.2    Restated Bylaws of the Registrant.    10-Q    001-35828    3.2    5/9/2013   
4.3    Form of Common Stock Certificate.    S-1/A    333-175393    4.1    11/30/2012   
5.1    Opinion and Consent of Fenwick & West LLP.                X
23.1    Consent of Independent Registered Public Accounting Firm.                X
23.2    Consent of Fenwick & West LLP (contained in Exhibit 5.1).                X
24.1    Power of Attorney (included on the signature page of this Registration Statement).                X
99.1    2012 Equity Incentive Plan, as amended to date.    10-Q    001-35828    10.1    8/7/2015   
99.2    2012 Employee Stock Purchase Plan.    S-1    333-175393    10.4    6/4/2012   

 

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