Itron, Inc.
ITRON INC /WA/ (Form: 3, Received: 03/29/2017 17:47:40)
FORM 3
        
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Farrow Robert Henry Alban

2. Date of Event Requiring Statement (MM/DD/YYYY)
3/28/2017 

3. Issuer Name and Ticker or Trading Symbol

ITRON INC /WA/ [ITRI]

(Last)        (First)        (Middle)

2111 NORTH MOLTER ROAD

4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                            _____ 10% Owner
___ X ___ Officer (give title below)          _____ Other (specify below)
Interim CFO /

(Street)

LIBERTY LAKE, WA 99019       

(City)              (State)              (Zip)
5. If Amendment, Date Original Filed (MM/DD/YYYY)

 

6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person


Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock   2080   D    

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(MM/DD/YYYY)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (Right to Buy)     (1) 5/7/2025   Common Stock   2048   $35.99   D    
Stock Option (Right to Buy)     (2) 2/24/2026   Common Stock   2846   $40.05   D    
Stock Option (Right to Buy)     (3) 2/23/2027   Common Stock   1589   $65.55   D    

Explanation of Responses:
( 1)  This option vested in one-third annual increments beginning on the first anniversary of the date of grant. Currently, 1,024 shares of the remaining option become exercisable on May 7, 2017, and 1,024 shares become exercisable on May 7, 2018.
( 2)  One-third of the option becomes exercisable on each of February 24, 2017, February 24, 2018 and February 24, 2019.
( 3)  One-third of the option becomes exercisable on each of February 23, 2018, February 23, 2019, and February 23, 2020.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Farrow Robert Henry Alban
2111 NORTH MOLTER ROAD
LIBERTY LAKE, WA 99019


Interim CFO

Signatures
/s/ Carol C. Cameron, attorney-in-fact for Mr. Farrow 3/29/2017
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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