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EXTREME NETWORKS INC — Director's Dealing 2018
Sep 4, 2018
31460_dirs_2018-09-04_dff1b80a-05e6-45c3-a6a4-29c98e030069.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: 2018-07-31
Reporting Person: Davies Benjamin Drew (EVP Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-07-31 | Common Stock | J | 922 | $7.225 | Acquired | 126955 | Direct |
| 2018-09-01 | Common Stock | M | 8333 | $0.0 | Acquired | 146575 | Direct |
| 2018-09-01 | Common Stock | F | 2509 | $6.27 | Disposed | 144066 | Direct |
| 2018-09-01 | Common Stock | F | 2509 | $6.27 | Disposed | 141557 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-09-01 | Performance Based RSU | $0.0 | M | 8333 | Disposed | 2019-06-01 | Common Stock (0) | Direct |
Footnotes
F1: Shares were purchased through the 2014 Employee Stock Purchase Plan.
F2: Beneficially owned share amount includes 25,001 unvested RSUs granted on 6/1/2016.
F3: Represents shares withheld from the Performance Based RSU award for the payment of applicable income and payroll withholding taxes due on release.
F4: Represents shares withheld from the RSU award for the payment of applicable income and payroll withholding taxes due on release.
F5: 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.