SEC Form 4 · accession 0000899243-16-026361
EXTREME NETWORKS INC · EXTR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John H Kispert
Director
Period of report
Aug 2, 2016
Accepted (ET)
Aug 4, 2016 · 9:51 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001078271
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Aug 2, 2016 | M | 25,000 | $2.32 | A | 180,748 | D | |
| Common StockF1 | Aug 2, 2016 | S | 25,000 | $3.7955 | D | 155,748 | D | |
| Common StockF2 | holding | — | — | — | 20,000 | I | by Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy)F3 | $2.32 | Aug 2, 2016 | M | 25,000 | D | Aug 3, 2010 | Aug 3, 2016 | Common Stock | 25,000 | 45,000 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from 3.74 to 3.85. The price reported reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F2Shares being held in the Kispert Family Trust UDT September 14, 2000.
- F3Transaction made pursuant to a duly adopted 10b5-1 trading plan.