SEC Form 4 · accession 0001078271-16-000176
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
Jun 2, 2016
Accepted (ET)
Jun 3, 2016 · 6:03 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 | Jun 2, 2016 | F | 14,510 | $3.78 | D | 187,813 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The reporting person was granted 117,000 RSUs on August 18, 2014, which vest annually over 3 years in equal installments beginning on June 2, 2015. On June 2, 2016 a total of 38,610 shares vested. 14,510 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.