Joseph A. Vitalone - Jul 15, 2021 Form 4 Insider Report for EXTREME NETWORKS INC (EXTR)

Role: Chief Revenue Officer
Signature: /s/ Katy Motiey, Power of Attorney for Joseph A. Vitalone
Stock symbol: EXTR
Transactions as of: Jul 15, 2021
Transactions value $: -$486,064
Form type: 4
Date filed: 7/16/2021, 04:47 PM
Next filing: Aug 3, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	EXTR	Common Stock	Options Exercise	$0	+133K		$0.00	133K	Jul 15, 2021	Direct
transaction	EXTR	Common Stock	Tax liability	-$486K	-44.6K	-33.48%	$10.90	88.6K	Jul 15, 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	-133K	-33.3%	$0.00	267K	Jul 15, 2021	Common Stock	133K	$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.