Remi Thomas - 31 May 2022 Form 4 Insider Report for EXTREME NETWORKS INC (EXTR)

Role: EVP Chief Financial Officer
Signature: /s/ Katayoun "Katy" Motiey, Power of Attorney for Remi Thomas
Issuer symbol: EXTR
Transactions as of: 31 May 2022
Net transactions value: -$61,256
Form type: 4
Filing time: 01 Jun 2022, 17:18:16 UTC
Previous filing: 16 May 2022
Next filing: 27 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	+12,454	+12%	$0.000000	120,629	31 May 2022	Direct
transaction	EXTR	Common Stock	Tax liability	$61,256	-6,175	-5.1%	$9.92	114,454	31 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	RSU Award	Options Exercise	$0	-12,454	-50%	$0.000000	12,454	31 May 2022	Common Stock	12,454	$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.