SEC Form 4 · accession 0001078271-16-000162
EXTREME NETWORKS INC · EXTR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kenneth Arola
Officer — EVP Chief Financial Officer
Period of report
Mar 3, 2016
Accepted (ET)
Mar 7, 2016 · 10:11 am EST
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 StockF1 | Mar 3, 2016 | F | 2,994 | $3.04 | D | 170,318 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The reporting person was granted 24,010 RSUs on May 8, 2015,which vest annually over three years in three equal installments beginning on March 3, 2016. On March 3, 2016 a total of 8,164 shares vested. 2,994 shares represents the aggregate number of shares of Issuer common stock withheld for payment of the tax liability incident to the vesting of the RSUs issued in accordance with Rule 16b-3.