Form 4 for EXTR EXTREME NETWORKS INC
Accepted 2022-08-17 00:00:00 ET · period of report 2022-08-15 · accession 0001437749-22-020856 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2022-08-17 | 2022-08-15+ | EXTR | MEYERCORD EDWARD | Pres AND CEO, Dir | M - OptEx | $0.00 | +367.9K | 1.05M | +54% | $0 |
| DM | 2022-08-17 | 2022-08-15+ | EXTR | MEYERCORD EDWARD | Pres AND CEO, Dir | F - Tax | $13.77 | -177.9K | 877.5K | -17% | -$2.45M |
| DM | 2022-08-17 | 2022-08-15+ | EXTR | MEYERCORD EDWARD | Pres AND CEO, Dir | M - OptEx | $0.00 | -367.9K | 0 | -100% | $0 |
| DM | 2022-08-17 | 2022-08-15+ | EXTR | MEYERCORD EDWARD | Pres AND CEO, Dir | A - Grant | $0.00 | +695.7K | 104.1K | New | $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 | 2022-08-15 | M | A | 31,960 | $0.00 | 839,210 | D | — | — | (F1) An additional 583 shares are included in this total, reflecting non-reportable purchase of 583 shares in connection with the Company's Employee Stock Purchase Plan (ESPP). |
| 2 | Common | Common Stock | 2022-08-15 | F | D | 15,453 | $14.02 | 823,757 | D | — | — | (F2) Represents shares withheld from the released share award for the payment of applicable income and payroll withholding taxes due on release |
| 3 | Common | Common Stock | 2022-08-15 | M | A | 104,063 | $0.00 | 927,820 | D | — | — | |
| 4 | Common | Common Stock | 2022-08-16 | F | D | 50,315 | $13.63 | 997,249 | D | — | — | (F2) Represents shares withheld from the released share award for the payment of applicable income and payroll withholding taxes due on release |
| 5 | Common | Common Stock | 2022-08-16 | M | A | 127,777 | $0.00 | 1,005,282 | D | — | — | |
| 6 | Common | Common Stock | 2022-08-16 | F | D | 61,781 | $13.63 | 943,501 | D | — | — | (F2) Represents shares withheld from the released share award for the payment of applicable income and payroll withholding taxes due on release |
| 7 | Common | Common Stock | 2022-08-16 | M | A | 104,063 | $0.00 | 1,047,564 | D | — | — | |
| 8 | Common | Common Stock | 2022-08-15 | F | D | 50,315 | $14.02 | 877,505 | D | — | — | (F2) Represents shares withheld from the released share award for the payment of applicable income and payroll withholding taxes due on release |
| 9 | Derivative | Restricted Stock Units | 2022-08-15 | M | D | 31,960 | $0.00 | 127,841 | D | $0.00 · 2021-08-15 to 2023-08-15 | 31,960 Common stock | (F3) 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. |
| 10 | Derivative | Restricted Stock Units | 2022-08-15 | M | D | 104,063 | $0.00 | 208,437 | D | $0.00 · 2022-08-15 to 2024-08-15 | 104,063 Common stock | (F3) 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. |
| 11 | Derivative | Restricted Stock Units | 2022-08-15 | A | A | 463,845 | $0.00 | 463,845 | D | $0.00 · 2023-08-15 to 2025-08-15 | 463,845 Common Stock | (F3) 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. |
| 12 | Derivative | Performance Shares | 2022-08-16 | A | A | 127,777 | $0.00 | 127,777 | D | $0.00 · 2022-08-15 to 2023-08-15 | 127,777 Common Stock | (F4) Represents one tranche of a performance award granted on 08/15/2020. The amount earned was subject to attainment of certain performance conditions and certification thereof by the Compensation Committee, which certification occurred on 8/16/2022. |
| 13 | Derivative | Performance Shares | 2022-08-16 | M | D | 127,777 | $0.00 | 0 | D | $0.00 · 2022-08-15 to 2023-08-15 | 127,777 Common Stock | (F4) Represents one tranche of a performance award granted on 08/15/2020. The amount earned was subject to attainment of certain performance conditions and certification thereof by the Compensation Committee, which certification occurred on 8/16/2022. |
| 14 | Derivative | Performance Shares | 2022-08-16 | A | A | 104,063 | $0.00 | 104,063 | D | $0.00 · 2022-08-15 to 2024-08-15 | 104,063 Common Stock | (F5) Represents one tranche of a performance award granted on 08/15/2021. The amount earned was subject to attainment of certain performance conditions and certification thereof by the Compensation Committee, which certification occurred on 8/16/2022. |
| 15 | Derivative | Performance Shares | 2022-08-16 | M | D | 104,063 | $0.00 | 0 | D | $0.00 · 2022-08-15 to 2024-08-15 | 104,063 Common Stock | (F5) Represents one tranche of a performance award granted on 08/15/2021. The amount earned was subject to attainment of certain performance conditions and certification thereof by the Compensation Committee, which certification occurred on 8/16/2022. |