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EXTREME NETWORKS INC — Director's Dealing 2021
Oct 5, 2021
31460_dirs_2021-10-05_34787769-70d8-4393-8f5e-c8edbfe7bb89.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: 2021-10-01
Reporting Person: MEYERCORD EDWARD (Director, PRESIDENT AND CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-10-01 | Common Stock | M | 25000 | $2.51 | Acquired | 743806 | Direct |
| 2021-10-01 | Common Stock | S | 25000 | $10.10090 | Disposed | 718806 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-10-01 | Non-Qualified Stock Option (right to buy) | $2.51 | M | 25000 | Disposed | 2022-05-08 | Common Stock (25000) | Direct |
Footnotes
F1: Transaction pursuant to the Reporting Person's 10b5-1 Plan.
F2: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.84 to $10.30 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3: This Performance Option Grant vested monthly over 2 years from the date of Grant and was achieved after the Company's Common Stock closing price exceeded $4.50 for 30 consecutive trading days on January 20, 2017.