Form 4 for EXTR EXTREME NETWORKS INC
Accepted 2021-12-02 00:00:00 ET · period of report 2021-11-30 · accession 0001437749-21-027703 · 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 | 2021-12-02 | 2021-11-30 | EXTR | MEYERCORD EDWARD | Pres AND CEO, Dir | F - Tax | $13.50 | -10.3K | 747.9K | -1% | -$139.5K |
| DM | 2021-12-02 | 2021-12-01 | EXTR | MEYERCORD EDWARD | Pres AND CEO, Dir | S - Sale+OE | $13.78 | -60.8K | 747.9K | -8% | -$837.9K |
| DM | 2021-12-02 | 2021-11-30+ | EXTR | MEYERCORD EDWARD | Pres AND CEO, Dir | M - OptEx | $1.84 | +83.1K | 772.9K | +12% | +$152.6K |
| DM | 2021-12-02 | 2021-11-30+ | EXTR | MEYERCORD EDWARD | Pres AND CEO, Dir | M - OptEx | $0.00 | -83.1K | 0 | -100% | $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 | 2021-11-30 | F | D | 10,330 | $13.50 | 747,907 | D | — | — | (F1) Represents shares withheld from the released share award for the payment of applicable income and payroll withholding taxes due on release |
| 2 | Common | Common Stock | 2021-12-01 | S | D | 35,805 | $14.01 | 747,907 | D | — | — | (F2) Transaction pursuant to the Reporting Person's 10b5-1 Plan. (F5) The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.00 to $14.06 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. |
| 3 | Common | Common Stock | 2021-12-01 | S | D | 20,107 | $13.33 | 752,800 | D | — | — | (F2) Transaction pursuant to the Reporting Person's 10b5-1 Plan. (F3) The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.83 to $13.82 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. |
| 4 | Common | Common Stock | 2021-12-01 | S | D | 4,893 | $13.95 | 747,907 | D | — | — | (F2) Transaction pursuant to the Reporting Person's 10b5-1 Plan. (F4) The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.84 to $14.00 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. |
| 5 | Common | Common Stock | 2021-12-01 | M | A | 35,805 | $2.51 | 783,712 | D | — | — | |
| 6 | Common | Common Stock | 2021-11-30 | M | A | 22,285 | $0.00 | 758,237 | D | — | — | |
| 7 | Common | Common Stock | 2021-12-01 | M | A | 25,000 | $2.51 | 772,907 | D | — | — | |
| 8 | Derivative | Restricted Stock Units | 2021-11-30 | M | D | 22,285 | $0.00 | 66,858 | D | $0.00 · 2020-08-31 to 2022-08-31 | 22,285 Common stock | (F6) 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. |
| 9 | Derivative | Non-Qualified Stock Option (right to buy) | 2021-12-01 | M | D | 35,805 | $0.00 | 264,195 | D | $2.51 · 2017-02-11 to 2022-05-08 | 35,805 Common Stock | (F8) 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 $5.50 for 30 consecutive trading days on March 16, 2017. |
| 10 | Derivative | Non-Qualified Stock Option (right to buy) | 2021-12-01 | M | D | 25,000 | $0.00 | 0 | D | $2.51 · 2017-02-11 to 2022-05-08 | 25,000 Common Stock | (F7) 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. |