EXTREME NETWORKS INC 4
4 · EXTREME NETWORKS INC · Filed Aug 20, 2014
Insider Transaction Report
Form 4
AROLA KENNETH
CHIEF FINANCIAL OFFICER
Transactions
- Award
Common Stock
2014-08-18+117,000→ 117,000 total - Award
Non-Qualified Stock Option (right to buy)
2014-08-18$5.21/sh+268,000$1,396,280→ 268,000 totalExercise: $5.21From: 2015-06-02Exp: 2021-08-18→ Common Stock (268,000 underlying)
Footnotes (2)
- [F1]Grant of Restricted Stock Unit. Vests in full in 3 years, one-third annually from date of hire.
- [F2]Option is exercisable as vested; 1/4 vests one year from date of hire and then 1/48 vests on each full month thereafter until fully vested, so long as the optionee's employment has not terminated.