0001078271-18-000049.txt : 20180831 0001078271-18-000049.hdr.sgml : 20180831 20180831170730 ACCESSION NUMBER: 0001078271-18-000049 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20180829 FILED AS OF DATE: 20180831 DATE AS OF CHANGE: 20180831 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Gault Robert J CENTRAL INDEX KEY: 0001641247 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-25711 FILM NUMBER: 181050652 MAIL ADDRESS: STREET 1: C/O EXTREME NETWORKS, INC STREET 2: 145 RIO ROBLES CITY: SAN JOSE STATE: CA ZIP: 95134 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: EXTREME NETWORKS INC CENTRAL INDEX KEY: 0001078271 STANDARD INDUSTRIAL CLASSIFICATION: COMPUTER COMMUNICATIONS EQUIPMENT [3576] IRS NUMBER: 770430270 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 BUSINESS ADDRESS: STREET 1: 6480 VIA DEL ORO CITY: SAN JOSE STATE: CA ZIP: 95119 BUSINESS PHONE: 408-579-2800 MAIL ADDRESS: STREET 1: 6480 VIA DEL ORO CITY: SAN JOSE STATE: CA ZIP: 95119 4 1 edgardoc.xml PRIMARY DOCUMENT X0306 4 2018-08-29 0 0001078271 EXTREME NETWORKS INC EXTR 0001641247 Gault Robert J 6480 VIA DEL ORO SAN JOSE CA 95119 0 1 0 0 EVP Worldwide Sales Services Non-Qualified Stock Option (right to buy) 6.4 2018-08-29 2018-08-29 4 A 0 95700 0.0 A 2019-08-31 2025-08-29 Common Stock 95700 95700 D Performance Shares 0.0 2018-08-29 2018-08-29 4 A 0 40300 0.0 A 2019-08-31 2021-08-31 Common Stock 40300 40300 D RSU Award 0.0 2018-08-29 2018-08-29 4 A 0 40300 0.0 A 2019-08-31 2021-08-31 Common Stock 40300 40300 D Performance Options will be earned if EXTR shares reach $10.00 per share for 30 consecutive trading days after August 31st 2018. Earned options vest as to 1/3 on 8/31/2019 and 1/12 each quarter thereafter, provided, however, that options earned after the one-year anniversary will vest ratably based on the time elapsed from 8/31/2018 until the hurdle date, and then quarterly thereafter. Shares will be cancelled if goal is not met by August 31st 2021. Performance Stock Unit will be earned if GAAP combined earnings per share meets or exceeds $0.20 over two consecutive quarters. Earned shares vest as to 1/3 on 8/31/2019 and 1/12 each quarter thereafter, provided, however, that shares earned after the one-year anniversary will vest ratably based on the time elapsed from 8/31/2018 until the hurdle date, and then quarterly thereafter. Shares will be cancelled if goal is not met by August 31st 2021. This is not an applicable reportable field for this type of grant. This time based RSU award vests as to 1/3 on 8/31/2019 and 1/12 each quarter thereafter. Quentin Wright, Power of Attorney 2018-08-31