Edward Meyercord - 15 Aug 2019 Form 4/A - Amendment 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: 15 Aug 2019
Net transactions value: -$74,355
Form type: 4/A - Amendment
Filing time: 02 Sep 2021, 17:48:11 UTC
Date Of Original Report: 19 Aug 2019
Next filing: 02 Jun 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	+21,678	+5.7%	$0.000000	405,144	15 Aug 2019	Direct	F1, F2
transaction	EXTR	Common Stock	Tax liability	$74,355	-10,048	-2.5%	$7.40^*	395,096	15 Aug 2019	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On August 19, 2019, the reporting person filed a Form 4 reporting the vesting of restricted stock units ("RSUs") and performance stock units("PSUs"); however, the Form 4 failed to report in Table I (i) the acquisition of the RSUs that vested and (ii) the shares withheld for the payment of applicable income and payroll withholding taxes due on release. This acquisition and withholding is reported in this amended Form 4.
F2	On April 23, 2019, the reporting person mistakenly reported within Table I of a Form 4 an acquisition of 112,500 shares of common stock. This transaction, which represented the vesting of 112,500 restricted stock units, was not a reportable event, as the acquisition of those shares was reflected on a Form 4 previously filed by the reporting person on May 12, 2015.

Content

On August 19, 2019, the reporting person filed a Form 4 reporting the vesting of restricted stock units ("RSUs") and performance stock units("PSUs"); however, the Form 4 failed to report in Table I (i) the acquisition of the RSUs that vested and (ii) the shares withheld for the payment of applicable income and payroll withholding taxes due on release. This acquisition and withholding is reported in this amended Form 4.

On April 23, 2019, the reporting person mistakenly reported within Table I of a Form 4 an acquisition of 112,500 shares of common stock. This transaction, which represented the vesting of 112,500 restricted stock units, was not a reportable event, as the acquisition of those shares was reflected on a Form 4 previously filed by the reporting person on May 12, 2015.