Joseph A. Vitalone - 15 Jul 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
Issuer symbol: EXTR
Transactions as of: 15 Jul 2021
Net transactions value: -$486,064
Form type: 4
Filing time: 16 Jul 2021, 16:47:47 UTC
Next filing: 03 Aug 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	+133,200		$0.000000	133,200	15 Jul 2021	Direct
transaction	EXTR	Common Stock	Tax liability	$486,064	-44,593	-33%	$10.90	88,607	15 Jul 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	-133,200	-33%	$0.000000	266,800	15 Jul 2021	Common Stock	133,200	$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.