Joseph A. Vitalone - Nov 15, 2022 Form 4 Insider Report for EXTREME NETWORKS INC (EXTR)

Role: Chief Revenue Officer
Signature: /s/ Lily Kang, Power of Attorney for Joseph A. Vitalone
Stock symbol: EXTR
Transactions as of: Nov 15, 2022
Transactions value $: -$45,233
Form type: 4
Date filed: 11/15/2022, 05:33 PM
Previous filing: Oct 28, 2022
Next filing: Jan 17, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	EXTR	Common Stock	Options Exercise	$0	+6.25K	+15.14%	$0.00	47.6K	Nov 15, 2022	Direct
transaction	EXTR	Common Stock	Tax liability	-$45.2K	-2.46K	-5.18%	$18.38	45.1K	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	-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.