Form 4 for EXTR EXTREME NETWORKS INC
Accepted 2024-08-19 00:00:00 ET · period of report 2024-08-15 · accession 0001437749-24-027208 · 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 | 2024-08-19 | 2024-08-15+ | EXTR | MEYERCORD EDWARD | Pres AND CEO, Dir | M - OptEx | $0.00 | +526.6K | 1.25M | +73% | $0 |
| DM | 2024-08-19 | 2024-08-15+ | EXTR | MEYERCORD EDWARD | Pres AND CEO, Dir | F - Tax | $14.59 | -207.2K | 1.20M | -15% | -$3.02M |
| D | 2024-08-19 | 2024-08-16 | EXTR | MEYERCORD EDWARD | Pres AND CEO, Dir | S - Sale+OE | $14.64 | -30.0K | 1.45M | -2% | -$439.2K |
| DM | 2024-08-19 | 2024-08-15+ | EXTR | MEYERCORD EDWARD | Pres AND CEO, Dir | M - OptEx | $0.00 | -526.6K | 0 | -100% | $0 |
| DM | 2024-08-19 | 2024-08-15+ | EXTR | MEYERCORD EDWARD | Pres AND CEO, Dir | A - Grant | $0.00 | +761.7K | 260.5K | 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 | 2024-08-16 | M | A | 260,469 | $0.00 | 1,487,100 | D | — | — | |
| 2 | Common | Common Stock | 2024-08-16 | F | D | 102,495 | $14.52 | 1,384,605 | 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 | 2024-08-16 | M | A | 154,615 | $0.00 | 1,539,220 | D | — | — | |
| 4 | Common | Common Stock | 2024-08-16 | F | D | 60,842 | $14.52 | 1,478,378 | 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 | 2024-08-16 | S | D | 30,000 | $14.64 | 1,448,378 | D | — | — | (F3) The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.44 to $14.89 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. |
| 6 | Common | Common Stock | 2024-08-15 | M | A | 26,055 | $0.00 | 1,185,037 | D | — | — | (F1) An additional 1 share is included in this total, reflecting non-reportable purchase of 1 share in connection with the Company's Employee Stock Purchase Plan (ESPP). |
| 7 | Common | Common Stock | 2024-08-15 | F | D | 10,253 | $14.86 | 1,174,784 | D | — | — | (F2) Represents shares withheld from the released share award for the payment of applicable income and payroll withholding taxes due on release. |
| 8 | Common | Common Stock | 2024-08-15 | M | A | 38,673 | $0.00 | 1,213,457 | D | — | — | |
| 9 | Common | Common Stock | 2024-08-15 | F | D | 18,422 | $14.86 | 1,226,631 | D | — | — | (F2) Represents shares withheld from the released share award for the payment of applicable income and payroll withholding taxes due on release. |
| 10 | Common | Common Stock | 2024-08-15 | F | D | 15,218 | $14.86 | 1,198,239 | D | — | — | (F2) Represents shares withheld from the released share award for the payment of applicable income and payroll withholding taxes due on release. |
| 11 | Common | Common Stock | 2024-08-15 | M | A | 46,814 | $0.00 | 1,245,053 | D | — | — | |
| 12 | Derivative | Restricted Stock Units | 2024-08-15 | M | D | 46,814 | $0.00 | 93,767 | D | $0.00 · 2024-08-15 to 2026-08-15 | 46,814 Common Stock | (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. |
| 13 | Derivative | Restricted Stock Units | 2024-08-15 | A | A | 346,567 | $0.00 | 346,567 | D | $0.00 · 2025-08-15 to 2027-08-15 | 346,567 Common Stock | (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. |
| 14 | Derivative | Performance Shares | 2024-08-16 | M | D | 260,469 | $0.00 | 0 | D | $0.00 · 2022-08-15 to 2024-08-15 | 260,469 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 8/16/2024. |
| 15 | Derivative | Performance Shares | 2024-08-16 | A | A | 154,615 | $0.00 | 154,615 | D | $0.00 · 2023-08-15 to 2025-08-15 | 154,615 Common Stock | (F6) Represents one tranche of a performance award granted on 08/15/2022. The amount earned was subject to attainment of certain performance conditions and certification thereof by the Compensation Committee, which certification occurred on 8/16/2024. |
| 16 | Derivative | Performance Shares | 2024-08-16 | M | D | 154,615 | $0.00 | 0 | D | $0.00 · 2023-08-15 to 2025-08-15 | 154,615 Common Stock | (F6) Represents one tranche of a performance award granted on 08/15/2022. The amount earned was subject to attainment of certain performance conditions and certification thereof by the Compensation Committee, which certification occurred on 8/16/2024. |
| 17 | Derivative | Restricted Stock Units | 2024-08-15 | M | D | 38,673 | $0.00 | 154,692 | D | $0.00 · 2023-08-15 to 2025-08-15 | 38,673 Common Stock | (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. |
| 18 | Derivative | Restricted Stock Units | 2024-08-15 | M | D | 26,055 | $0.00 | 0 | D | $0.00 · 2022-08-15 to 2024-08-15 | 26,055 Common Stock | (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. |
| 19 | Derivative | Performance Shares | 2024-08-16 | A | A | 260,469 | $0.00 | 260,469 | D | $0.00 · 2022-08-15 to 2024-08-15 | 260,469 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 8/16/2024. |