AI assistant
EXTREME NETWORKS INC — Director's Dealing 2017
Nov 17, 2017
31460_dirs_2017-11-17_bae2c6b9-ea65-4816-829a-43d60b8bc4ce.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: EXTREME NETWORKS INC (EXTR)
CIK: 0001078271
Period of Report: 2017-11-15
Reporting Person: MEYERCORD EDWARD (Director, President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-11-15 | Common Stock | M | 21667 | $0.0 | Acquired | 493320 | Direct |
| 2017-11-15 | Common Stock | F | 10611 | $11.83 | Disposed | 482709 | Direct |
| 2017-11-15 | Common Stock | M | 21667 | $0.0 | Acquired | 504376 | Direct |
| 2017-11-15 | Common Stock | F | 10611 | $11.83 | Disposed | 493765 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-11-15 | Performance Shares | $0.0 | M | 21667 | Disposed | 2019-08-15 | Common Stock (21667) | Direct |
| 2017-11-15 | RSU Award | $0.0 | M | 21667 | Disposed | 2019-08-15 | Common Stock (21667) | Direct |
Footnotes
F1: Represents shares withheld from the Performance Based RSU award for the payment of applicable income and payroll withholding taxes due on release.
F2: Represents shares withheld from the RSU award for the payment of applicable income and payroll withholding taxes due on release.
F3: Performance grants were earned when EXTR shares reached $5.00 per share for 30 consecutive trading days after January 1st 2017. Shares vest on the same schedule as the Time-Based RSUs granted at the same time. See note #5 below.
F4: This is not an applicable reportable field for this type of grant.
F5: This Time Based RSU award vests from the original grant date as to 1/3 on the one year anniversary and 1/12 each quarter thereafter.