Remi Thomas - 26 Nov 2021 Form 4 Insider Report for EXTREME NETWORKS INC (EXTR)

Role
EVP Chief Financial Officer
Signature
/s/ Katy Motiey, Power of Attorney for Remi Thomas
Issuer symbol
EXTR
Transactions as of
26 Nov 2021
Net transactions value
-$275,294
Form type
4
Filing time
30 Nov 2021, 16:41:53 UTC
Previous filing
16 Nov 2021
Next filing
13 Dec 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 +29,777 +25% $0.000000 151,035 26 Nov 2021 Direct
transaction EXTR Common Stock Tax liability $191,932 -14,764 -9.8% $13.00 136,271 26 Nov 2021 Direct F1
transaction EXTR Common Stock Options Exercise $0 +12,453 +9.1% $0.000000 148,724 30 Nov 2021 Direct
transaction EXTR Common Stock Tax liability $83,362 -6,175 -4.2% $13.50 142,549 30 Nov 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 RSU Award Options Exercise $0 -29,777 -100% $0.000000* 0 26 Nov 2021 Common Stock 29,777 $0.000000 Direct F2
transaction EXTR RSU Award Options Exercise $0 -12,453 -25% $0.000000 37,362 30 Nov 2021 Common Stock 12,453 $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 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.