Filing Details

Accession Number:
0001437749-23-033427
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-12-01 17:48:12
Reporting Period:
2023-12-01
Accepted Time:
2023-12-01 17:48:12
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1078271 Extreme Networks Inc EXTR Computer Communications Equipment (3576) 770430270
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1179945 Edward Meyercord 2121 Rdu Center Dr.
Morrisville NC 27560
President And Ceo Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2023-12-01 28,443 $6.40 1,158,044 No 4 M Direct
Common Stock Disposition 2023-12-01 28,443 $16.32 1,129,611 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Non-Qualified Stock Option (right to buy) Disposition 2023-12-01 28,443 $0.00 28,443 $6.40
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
273,324 2021-06-25 2025-08-29 No 4 M Direct
Footnotes
  1. Adoption date of referenced 10b5-1(c) plan is: 08-04-2023
  2. 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 $16.48 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. 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.