Remi Thomas - May 31, 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 31, 2021
Transactions value $
-$70,642
Form type
4
Date filed
6/2/2021, 04:21 PM
Previous filing
May 28, 2021
Next filing
Aug 17, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EXTR Common Stock Options Exercise $0 +12.5K +21.78% $0.00 69.6K May 31, 2021 Direct
transaction EXTR Common Stock Tax liability -$70.6K -6.18K -8.87% $11.44 63.5K May 31, 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 -12.5K -16.67% $0.00 62.3K May 31, 2021 Common Stock 12.5K $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.