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EXTREME NETWORKS INC — Director's Dealing 2018
Nov 19, 2018
31460_dirs_2018-11-19_8956aa25-c428-48fe-bdd3-4e16f76dbff0.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: 2018-11-15
Reporting Person: Gault Robert J (EVP Worldwide Sales Services a)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-11-15 | Common Stock | F | 3092 | $6.46 | Disposed | 178557 | Direct |
| 2018-11-15 | Common Stock | F | 3865 | $6.46 | Disposed | 174692 | Direct |
| 2018-11-15 | Common Stock | F | 3092 | $6.46 | Disposed | 171600 | Direct |
| 2018-11-15 | Common Stock | M | 6670 | $0.0 | Acquired | 178270 | Direct |
| 2018-11-15 | Common Stock | M | 6670 | $0.0 | Acquired | 184940 | Direct |
| 2018-11-15 | Common Stock | M | 8337 | $0.0 | Acquired | 193277 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-11-15 | Performance Shares | $0.0 | M | 6670 | Disposed | 2019-08-15 | Common Stock (6670) | Direct |
| 2018-11-15 | RSU Award | $0.0 | M | 6670 | Disposed | 2019-08-15 | Common Stock (6670) | Direct |
| 2018-11-15 | RSU Award | $0.0 | M | 8337 | Disposed | 2020-02-15 | Common Stock (8337) | Direct |
Footnotes
F1: Represents shares withheld from the RSU award for the payment of applicable income and payroll withholding taxes due on release.
F2: Represents shares withheld from the Performance Based 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. Earned shares vest as to 1/3 on the one year anniversary date and 1/12 each quarter thereafter.
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.
F6: This Time Based RSU award vests as to 1/3 on February 15, 2018 and 1/12 each quarter thereafter subject to continued service at the company through the vesting dates.