Remi Thomas - Nov 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
Nov 15, 2022
Transactions value $
-$126,657
Form type
4
Date filed
11/15/2022, 05:32 PM
Previous filing
Nov 2, 2022
Next filing
Dec 2, 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 +6.57% $0.00 124K Nov 15, 2022 Direct
transaction EXTR Common Stock Tax liability -$69.7K -3.79K -3.06% $18.38 120K Nov 15, 2022 Direct F1
transaction EXTR Common Stock Options Exercise $0 +6.25K +5.2% $0.00 126K Nov 15, 2022 Direct
transaction EXTR Common Stock Tax liability -$57K -3.1K -2.45% $18.38 123K Nov 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 Restricted Stock Units Options Exercise $0 -7.64K -25% $0.00 22.9K Nov 15, 2022 Common Stock 7.64K $0.00 Direct F2
transaction EXTR Restricted Stock Units Options Exercise $0 -6.25K -12.5% $0.00 43.8K Nov 15, 2022 Common Stock 6.25K $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.