Joseph A. Vitalone - Jan 15, 2022 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
Jan 15, 2022
Transactions value $
-$122,451
Form type
4
Date filed
1/18/2022, 03:11 PM
Previous filing
Nov 3, 2021
Next filing
Feb 2, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EXTR Common Stock Options Exercise $0 +33.4K +62.24% $0.00 86.9K Jan 15, 2022 Direct
transaction EXTR Common Stock Tax liability -$122K -8.57K -9.86% $14.29 78.4K Jan 15, 2022 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 -33.4K -14.29% $0.00 200K Jan 15, 2022 Common Stock 33.4K $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.