Edward Meyercord - 18 Aug 2021 Form 4 Insider Report for EXTREME NETWORKS INC (EXTR)

Role: PRESIDENT AND CEO, Director
Signature: /s/ Katy Motiey, Power of Attorney for Ed Meyercord
Issuer symbol: EXTR
Transactions as of: 18 Aug 2021
Net transactions value: -$614,756
Form type: 4
Filing time: 20 Aug 2021, 16:34:04 UTC
Previous filing: 17 Aug 2021
Next filing: 02 Sep 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	+127,776	+18%	$0.000000	854,509	18 Aug 2021	Direct
transaction	EXTR	Common Stock	Tax liability	$614,756	-59,225	-6.9%	$10.38	795,284	18 Aug 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	+127,776		$0.000000	127,776	18 Aug 2021	Common Stock	127,776	$0.000000	Direct	F2
transaction	EXTR	Performance Shares	Options Exercise	$0	-127,776	-100%	$0.000000^*	0	18 Aug 2021	Common stock	127,776	$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	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.