Remi Thomas - May 31, 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
Stock symbol
EXTR
Transactions as of
May 31, 2022
Transactions value $
-$61,256
Form type
4
Date filed
6/1/2022, 05:18 PM
Previous filing
May 16, 2022
Next filing
Jun 27, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EXTR Common Stock Options Exercise $0 +12.5K +11.51% $0.00 121K May 31, 2022 Direct
transaction EXTR Common Stock Tax liability -$61.3K -6.18K -5.12% $9.92 114K May 31, 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 -12.5K -50% $0.00 12.5K May 31, 2022 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.