Remi Thomas - Nov 26, 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
Stock symbol
EXTR
Transactions as of
Nov 26, 2021
Transactions value $
-$275,295
Form type
4
Date filed
11/30/2021, 04:41 PM
Previous filing
Nov 16, 2021
Next filing
Dec 13, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EXTR Common Stock Options Exercise $0 +29.8K +24.56% $0.00 151K Nov 26, 2021 Direct
transaction EXTR Common Stock Tax liability -$192K -14.8K -9.78% $13.00 136K Nov 26, 2021 Direct F1
transaction EXTR Common Stock Options Exercise $0 +12.5K +9.14% $0.00 149K Nov 30, 2021 Direct
transaction EXTR Common Stock Tax liability -$83.4K -6.18K -4.15% $13.50 143K Nov 30, 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 -29.8K -100% $0.00* 0 Nov 26, 2021 Common Stock 29.8K $0.00 Direct F2
transaction EXTR RSU Award Options Exercise $0 -12.5K -25% $0.00 37.4K Nov 30, 2021 Common Stock 12.5K $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.