Joseph A. Vitalone - Jan 15, 2023 Form 4 Insider Report for EXTREME NETWORKS INC (EXTR)

Role
Chief Revenue Officer
Signature
/s/ Katayoun "Katy" Motiey, Power of Attorney for Joseph A. Vitalone
Stock symbol
EXTR
Transactions as of
Jan 15, 2023
Transactions value $
-$258,853
Form type
4
Date filed
1/17/2023, 03:11 PM
Previous filing
Nov 15, 2022
Next filing
Jan 26, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EXTR Common Stock Options Exercise $0 +33.4K +73.96% $0.00 78.4K Jan 15, 2023 Direct
transaction EXTR Common Stock Tax liability -$259K -13.5K -17.21% $19.18 64.9K Jan 15, 2023 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 -33.4K -33.33% $0.00 66.7K Jan 15, 2023 Common Stock 33.4K $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.