Form 4 for EXTR EXTREME NETWORKS INC
Accepted 2021-07-30 00:00:00 ET · period of report 2021-07-26 · accession 0001437749-21-018032 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2021-07-30 | 2021-07-26 | EXTR | MEYERCORD EDWARD | Pres AND CEO, Dir | M - OptEx | $0.00 | +127.4K | 715.8K | +22% | $0 |
| D | 2021-07-30 | 2021-07-26 | EXTR | MEYERCORD EDWARD | Pres AND CEO, Dir | F - Tax | $10.25 | -59.1K | 656.7K | -8% | -$605.4K |
| D | 2021-07-30 | 2021-07-26 | EXTR | MEYERCORD EDWARD | Pres AND CEO, Dir | M - OptEx | $0.00 | -127.4K | 11.6K | -92% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2021-07-26 | M | A | 127,410 | $0.00 | 715,757 | D | — | — | |
| 2 | Common | Common Stock | 2021-07-26 | F | D | 59,059 | $10.25 | 656,698 | D | — | — | (F1) Represents shares withheld from the released share award for the payment of applicable income and payroll withholding taxes due on release |
| 3 | Derivative | Performances Shares | 2021-07-26 | M | D | 127,410 | $0.00 | 11,590 | D | $0.00 · 2019-08-31 to 2021-08-31 | 127,410 Common stock | (F2) Performance Stock Unit shares were earned upon achieving performance goal of $0.09 combined GAAP earnings over two consecutive quarters. Earned shares vest as to 1/3 on 8/31/2019 and 1/12 each quarter thereafter, provided, however, that shares earned after the one-year anniversary will vest ratably based on the time elapsed from 8/31/2018 until the hurdle date, and then quarterly thereafter. |