Edward Meyercord - 01 Apr 2022 Form 4 Insider Report for EXTREME NETWORKS INC (EXTR)

Role
PRESIDENT AND CEO, Director
Signature
/s/ Lily Kang, Power of Attorney for Ed Meyercord
Issuer symbol
EXTR
Transactions as of
01 Apr 2022
Net transactions value
-$241,695
Form type
4
Filing time
04 Apr 2022, 17:13:33 UTC
Previous filing
02 Mar 2022
Next filing
16 May 2022
SEC
View on sec.gov

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Quoteable Key Fact

"Edward Meyercord filed Form 4 for EXTREME NETWORKS INC (EXTR) on 04 Apr 2022."

Quick Takeaways

  • This page summarizes Edward Meyercord's Form 4 filing for EXTREME NETWORKS INC (EXTR).
  • 3 reported transactions and 1 derivative row are listed below.
  • Filing timestamp: 04 Apr 2022, 17:13.

What Changed

  • Previous filing in this sequence was filed on 02 Mar 2022.
  • Current net transaction value: -$241,695.

Why This Matters

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Official SEC Source

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

See Original Filing

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EXTR Common Stock Options Exercise $62,750 +25,000 +3.2% $2.51* 803,650 01 Apr 2022 Direct
transaction EXTR Common Stock Sale $304,445 -25,000 -3.1% $12.18 778,650 01 Apr 2022 Direct F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction EXTR Non-Qualified Stock Option (right to buy) Options Exercise $0 -25,000 -100% $0.000000* 0 01 Apr 2022 Common Stock 25,000 $2.51 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Transaction pursuant to the Reporting Person's 10b5-1 Plan.
F2 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.98 to $12.39 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.
F3 This Performance Option Grant vested monthly over 2 years from the date of Grant and was achieved after the Company's Common Stock closing price exceeded $5.50 for 30 consecutive trading days on March 16, 2017.

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