Cristina Tate - 15 Feb 2023 Form 4 Insider Report for EXTREME NETWORKS INC (EXTR)

Role
Interim CFO
Signature
/s/ Katy Motiey, Power of Attorney for Cristina Camahort Tate
Issuer symbol
EXTR
Transactions as of
15 Feb 2023
Net transactions value
-$25,309
Form type
4
Filing time
17 Feb 2023, 15:41:01 UTC
Previous filing
01 Feb 2023
Next filing
16 May 2023
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 +1,337 +6.4% $0.000000 22,287 15 Feb 2023 Direct F1
transaction EXTR Common Stock Tax liability $12,745 -668 -3% $19.08 21,619 15 Feb 2023 Direct F2
transaction EXTR Common Stock Sale $12,564 -669 -3.1% $18.78 20,950 16 Feb 2023 Direct F3

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 -1,337 -14% $0.000000 8,025 15 Feb 2023 Common Stock 1,337 $0.000000 Direct F4
transaction EXTR Restricted Stock Units Award $0 +5,341 $0.000000 5,341 15 Feb 2023 Common Stock 5,341 $0.000000 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 An additional 1,023 shares are included in this total, reflecting non-reportable purchase of 1,023 shares in connection with the Company's Employee Stock Purchase Plan (ESPP).
F2 Represents shares withheld from the released share award for the payment of applicable income and payroll withholding taxes due on release.
F3 Transaction pursuant to the Reporting Person's 10b5-1 Plan.
F4 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.
F5 This Time-based RSU award vests in full on the one year anniversary.