Edward Meyercord - 15 May 2022 Form 4 Insider Report for EXTREME NETWORKS INC (EXTR)

Role: PRESIDENT AND CEO, Director
Signature: /s/ Lily Kang, Power of Attorney for Ed Meyercord
Issuer symbol: EXTR
Transactions as of: 15 May 2022
Net transactions value: -$152,521
Form type: 4
Filing time: 16 May 2022, 16:31:59 UTC
Previous filing: 04 Apr 2022
Next filing: 01 Jun 2022
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	+31,960	+4.1%	$0.000000	810,610	15 May 2022	Direct
transaction	EXTR	Common Stock	Tax liability	$152,521	-15,453	-1.9%	$9.87	795,157	15 May 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	Restricted Stock Units	Options Exercise	$0	-31,960	-17%	$0.000000	159,801	15 May 2022	Common stock	31,960	$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.