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EXTREME NETWORKS INC — Director's Dealing 2019
May 17, 2019
31460_dirs_2019-05-17_1170176a-6ba9-4bc5-a76e-9420627d119f.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: 2019-05-15
Reporting Person: MEYERCORD EDWARD (Director, President & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-05-15 | Common Stock | M | 21677 | $0.00 | Acquired | 567026 | Direct |
| 2019-05-15 | Common Stock | F | 6796 | $6.21 | Disposed | 560230 | Direct |
| 2019-05-15 | Common Stock | M | 21677 | $0.00 | Acquired | 581907 | Direct |
| 2019-05-15 | Common Stock | F | 6796 | $6.21 | Disposed | 575111 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-05-15 | Restricted Stock Units | $0.00 | M | 21677 | Disposed | 2019-08-15 | Common Stock (21677) | Direct |
| 2019-05-15 | Performance-based Restricted Stock Units | $0.00 | M | 21677 | Disposed | 2019-08-15 | Common Stock (21677) | Direct |
Footnotes
F1: Represents shares withheld from the August 15, 2016 RSU award for the payment of applicable income and payroll withholding taxes due on release.
F2: Represents shares withheld from the August 15, 2016 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 1, 2017. Earned shares vest as to 1/3 on the one year anniversary date and 1/12 each quarter thereafter.
F4: 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.