EXTREME NETWORKS INC
For the period ended Sep 27, 2024. Filed Sep 27, 2024.
View on SEC.govAbout this filing
What shareholders are asked to vote on at a company's meeting. It is where to find what directors and top executives are paid, and who owns the most shares.
Sep 27, 2024 · Filed Sep 27, 2024
Contents
Fiscal 2024 Summary Compensation Table
The following table sets forth information for fiscal 2024, 2023, and 2022, as applicable, concerning the compensation of our NEOs.
SUMMARY COMPENSATION TABLE
| Name and Principal Position | Year | Salary($) | Bonus($) (1) | Stock Awards($) (2) | Option Awards($) (2) | Non-Equity Incentive Plan Compensation($) | All OtherCompensation($) (3) | Total($) |
|---|---|---|---|---|---|---|---|---|
| Edward B. Meyercord | 2024 | $840,000 | — | $13,923,634 | — | $183,456 | $16,172 | $14,963,262 |
| 2023 | 800,000 | — | 14,190,565 | — | 1,124,760 | 17,353 | 16,132,678 | |
| 2022 | 760,000 | — | 7,419,370 | — | 710,372 | 17,442 | 8,907,184 | |
| Kevin Rhodes | 2024 | 500,000 | — | — | — | 71,400 | 12,538 | 583,938 |
| 2023 | 45,513 | 250,000 | 8,163,045 | — | — | 15,000 | 8,473,558 | |
| Katayoun ("Katy") Motiey | 2024 | 485,000 | — | 2,194,424 | — | 57,036 | 11,810 | 2,748,270 |
| Joe Vitalone | 2024 | 485,000 | — | 3,291,603 | — | 81,480 | 32,332 | 3,890,415 |
| 2023 | 460,000 | — | 2,933,472 | — | 497,490 | 19,704 | 3,910,666 | |
| 2022 | 420,000 | — | 1,780,654 | — | 301,980 | 9,057 | 2,511,691 |
(1)
For 2023, the amount in this column represents the sign-on bonus paid to Mr. Rhodes in connection with his commencement of employment with us under his employment offer letter.
(2)
Represents the aggregate grant date fair value computed in accordance with ASC Topic 718, Compensation—Stock Compensation, and does not reflect whether our NEOs actually realized a financial benefit from the award. For information on the assumptions used to calculate the value of the awards, refer to Note 12 of our consolidated financial statements in our Form 10-K for the fiscal year ended June 30, 2024.
(3)
All Other Compensation for all NEOs for fiscal 2024 consisted of matching contributions under our Section 401K plan, premium payments for the executive disability top up (for Mr. Meyercord and Ms. Motiey), company-taxable health saving account (for Ms. Motiey), a purchase of books authored by Ms. Motiey awarded as prizes for an employee event (for Ms. Motiey), and a separation payment of $25,000 for Mr. Vitalone.
| 2024 PROXY STATEMENT | 52 |
|---|
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.