Joseph A. Vitalone - 15 Oct 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 Oct 2021
Net transactions value
-$133,471
Form type
4
Filing time
19 Oct 2021, 16:26:14 UTC
Previous filing
17 Aug 2021
Next filing
03 Nov 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 +33,350 +53% $0.000000 96,710 15 Oct 2021 Direct F1
transaction EXTR Common Stock Tax liability $133,471 -13,124 -14% $10.17 83,586 15 Oct 2021 Direct F2

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 -33,350 -12% $0.000000 233,450 15 Oct 2021 Common Stock 33,350 $0.000000 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 An additional 4,753 shares are included in this total, reflecting non-reportable purchase of 4,753 shares in connection with the Company's Employee Stock Purchase Plan (ESPP).
F2 Represents shares withheld from the released share award for the payment of applicable income and payroll withholding taxes due on release.
F3 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.