Remi Thomas - May 26, 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
Stock symbol
EXTR
Transactions as of
May 26, 2021
Transactions value $
-$168,003
Form type
4
Date filed
5/28/2021, 04:50 PM
Next filing
Jun 2, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EXTR Common Stock Options Exercise $0 +29.8K +70.61% $0.00 71.9K May 26, 2021 Direct
transaction EXTR Common Stock Tax liability -$168K -14.8K -20.52% $11.38 57.2K May 26, 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 -29.8K -33.33% $0.00 59.6K May 26, 2021 Common Stock 29.8K $0.00 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.