Remi Thomas - Aug 18, 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
Aug 18, 2021
Transactions value $
-$157,257
Form type
4
Date filed
8/20/2021, 04:32 PM
Previous filing
Aug 17, 2021
Next filing
Aug 30, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EXTR Common Stock Options Exercise $0 +30.6K +37.86% $0.00 111K Aug 18, 2021 Direct
transaction EXTR Common Stock Tax liability -$157K -15.2K -13.62% $10.38 96.1K Aug 18, 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 Performance Shares Award $0 +30.6K $0.00 30.6K Aug 18, 2021 Common Stock 30.6K $0.00 Direct F2
transaction EXTR RSU Award Options Exercise $0 -30.6K -100% $0.00* 0 Aug 18, 2021 Common Stock 30.6K $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 Represents one tranche of a performance award granted on 08/15/2020. The amount earned was subject to attainment of certain performance conditions and certification thereof by the Compensation Committee, which certification occurred on 8/18/2021.