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EXTREME NETWORKS INC — Director's Dealing 2017
Dec 5, 2017
31460_dirs_2017-12-05_ecd04bd6-b447-49b0-8f9e-e72ab10a49f1.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: EXTREME NETWORKS INC (EXTR)
CIK: 0001078271
Period of Report: 2017-12-01
Reporting Person: Davies Benjamin Drew (EVP Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-12-01 | Common Stock | M | 8334 | $0.0 | Acquired | 123573 | Direct |
| 2017-12-01 | Common Stock | F | 3132 | $12.91 | Disposed | 120441 | Direct |
| 2017-12-01 | Common Stock | F | 3132 | $12.91 | Disposed | 117309 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-12-01 | Performance Based RSU | $0.0 | M | 8334 | Disposed | 2019-06-01 | Common Stock (8334) | Direct |
Footnotes
F1: Beneficially owned share amount includes 49,999 unvested RSUs granted on 6/1/2016.
F2: Represents shares withheld from the Performance Based RSU award for the payment of applicable income and payroll withholding taxes due on release.
F3: Represents shares withheld from the RSU award for the payment of applicable income and payroll withholding taxes due on release.
F4: Performance grants were earned when EXTR shares reached $5.00 per share for 30 consecutive trading days after January 1st 2017. Earned shares vest as to 1/3 on the one year anniversary date and 1/12 each quarter thereafter.