Remi Thomas - May 15, 2022 Form 4 Insider Report for EXTREME NETWORKS INC (EXTR)

Role
EVP Chief Financial Officer
Signature
/s/ Lily Kang, Power of Attorney for Remi Thomas
Stock symbol
EXTR
Transactions as of
May 15, 2022
Transactions value $
-$37,407
Form type
4
Date filed
5/16/2022, 04:30 PM
Previous filing
Mar 2, 2022
Next filing
Jun 1, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EXTR Common Stock Options Exercise $0 +7.64K +7.33% $0.00 112K May 15, 2022 Direct
transaction EXTR Common Stock Tax liability -$37.4K -3.79K -3.38% $9.87 108K May 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 -7.64K -16.67% $0.00 38.2K May 15, 2022 Common Stock 7.64K $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.