Form 4 for EXTR EXTREME NETWORKS INC
Accepted 2025-06-03 00:00:00 ET · period of report 2025-06-02 · accession 0001437749-25-019311 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DMI | 2025-06-03 | 2025-06-02+ | EXTR | MOTIEY KATAYOUN | Chief Legal Admin Sust Off | S - Sale+OE | $16.08 | -71.8K | 127.6K | -36% | -$1.15M |
| DMI | 2025-06-03 | 2025-06-02+ | EXTR | MOTIEY KATAYOUN | Chief Legal Admin Sust Off | M - OptEx | $6.40 | +71.8K | 147.2K | +95% | +$459.5K |
| DM | 2025-06-03 | 2025-06-02+ | EXTR | MOTIEY KATAYOUN | Chief Legal Admin Sust Off | M - OptEx | $0.00 | -71.8K | 52.2K | -58% | $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 | 2025-06-03 | S | D | 52,184 | $16.11 | 127,620 | I by Trust | — | — | (F3) The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.00 to $16.315 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. (F1) Shares are held in The Katayoun Motiey Trust U/A DTD 8/26/2011 |
| 2 | Common | Common Stock | 2025-06-03 | M | A | 52,184 | $6.40 | 179,804 | I by Trust | — | — | (F1) Shares are held in The Katayoun Motiey Trust U/A DTD 8/26/2011 |
| 3 | Common | Common Stock | 2025-06-02 | S | D | 19,616 | $16.00 | 127,620 | I by Trust | — | — | (F2) The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.00 to $16.005 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. (F1) Shares are held in The Katayoun Motiey Trust U/A DTD 8/26/2011 |
| 4 | Common | Common Stock | 2025-06-02 | M | A | 19,616 | $6.40 | 147,236 | I by Trust | — | — | (F1) Shares are held in The Katayoun Motiey Trust U/A DTD 8/26/2011 |
| 5 | Derivative | Non-Qualified Stock Option (right to buy) | 2025-06-03 | M | D | 52,184 | $0.00 | 0 | D | $6.40 · 2021-06-25 to 2025-08-29 | 52,184 Common Stock | (F4) This Performance Stock Option Grant was achieved after the Company's Common Stock closing price exceeded $10.00 for 30 consecutive trading days on June 25, 2021. Once earned, the shares vest as to 1/3 subject thereto on August 31, 2019 and 1/12 of the shares thereto on each quarterly anniversary thereafter with any shares that would have already been vested in accordance with the time based vesting schedule vesting immediately when the PSOs were earned. |
| 6 | Derivative | Non-Qualified Stock Option (right to buy) | 2025-06-02 | M | D | 19,616 | $0.00 | 52,184 | D | $6.40 · 2021-06-25 to 2025-08-29 | 19,616 Common Stock | (F4) This Performance Stock Option Grant was achieved after the Company's Common Stock closing price exceeded $10.00 for 30 consecutive trading days on June 25, 2021. Once earned, the shares vest as to 1/3 subject thereto on August 31, 2019 and 1/12 of the shares thereto on each quarterly anniversary thereafter with any shares that would have already been vested in accordance with the time based vesting schedule vesting immediately when the PSOs were earned. |