Joseph A. Vitalone - Oct 15, 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
Stock symbol
EXTR
Transactions as of
Oct 15, 2021
Transactions value $
-$133,471
Form type
4
Date filed
10/19/2021, 04:26 PM
Previous filing
Aug 17, 2021
Next filing
Nov 3, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EXTR Common Stock Options Exercise $0 +33.4K +52.64% $0.00 96.7K Oct 15, 2021 Direct F1
transaction EXTR Common Stock Tax liability -$133K -13.1K -13.57% $10.17 83.6K Oct 15, 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 -33.4K -12.5% $0.00 233K Oct 15, 2021 Common Stock 33.4K $0.00 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.