Edward Meyercord - Nov 15, 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
Stock symbol
EXTR
Transactions as of
Nov 15, 2021
Transactions value $
-$177,027
Form type
4
Date filed
11/16/2021, 06:02 PM
Previous filing
Nov 3, 2021
Next filing
Dec 2, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EXTR Common Stock Options Exercise $0 +32K +4.45% $0.00 751K Nov 15, 2021 Direct
transaction EXTR Common Stock Tax liability -$177K -14.8K -1.97% $11.95 736K Nov 15, 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 Restricted Stock Units Options Exercise $0 -32K -12.5% $0.00 224K Nov 15, 2021 Common stock 32K $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 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.