Filing Details
- Accession Number:
- 0001437749-24-036583
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2024-12-03 16:57:49
- Reporting Period:
- 2024-12-02
- Accepted Time:
- 2024-12-03 16:57:49
- 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 | 2024-12-02 | 35,725 | $6.40 | 1,514,666 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2024-12-02 | 28,235 | $17.13 | 1,486,431 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2024-12-02 | 7,490 | $17.52 | 1,478,941 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | 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 | 2024-12-02 | 35,725 | $0.00 | 35,725 | $6.40 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 73,528 | 2021-06-25 | 2025-08-29 | No | 4 | M | Direct |
Footnotes
- Adoption date of referenced 10b5-1(c) plan is: 02-22-2024
- The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.51 to $17.50 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.
- The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.51 to $17.55 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.
- 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.
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