Remi Thomas - 26 May 2021 Form 4 Insider Report for EXTREME NETWORKS INC (EXTR)

Role: EVP Chief Financial Officer
Signature: /s/ Katy Motiey, Power of Attorney for Remi Thomas
Issuer symbol: EXTR
Transactions as of: 26 May 2021
Net transactions value: -$168,003
Form type: 4
Filing time: 28 May 2021, 16:50:13 UTC
Next filing: 02 Jun 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	EXTR	Common Stock	Options Exercise	$0	+29,776	+71%	$0.000000	71,943	26 May 2021	Direct
transaction	EXTR	Common Stock	Tax liability	$168,003	-14,763	-21%	$11.38	57,180	26 May 2021	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	EXTR	RSU Award	Options Exercise	$0	-29,776	-33%	$0.000000	59,554	26 May 2021	Common Stock	29,776	$0.000000	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents shares withheld from the released share award for the payment of applicable income and payroll withholding taxes due on release.
F2	This Time-based RSU award vests from the original grant date as to 1/3 on the one year anniversary and 1/12 each quarter thereafter.