SEC Form 4 · accession 0001078271-16-000168
EXTREME NETWORKS INC · EXTR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Edward Meyercord
Officer — President and CEO · Director
Period of report
Apr 19, 2016
Accepted (ET)
Apr 20, 2016 · 5:48 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 StockF1 | Apr 19, 2016 | F | 30,768 | $3.20 | D | 595,304 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The reporting person was granted 450,000 RSUs on May 8, 2015, which vest annually over four years in four equal installments beginning on April 19, 2016. On April 19, 2016 a total of 112,500 shares vested. 30,768 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.