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

Role
Interim CFO
Signature
/s/ Katy Motiey, Power of Attorney for Cristina Camahort Tate
Stock symbol
EXTR
Transactions as of
Feb 15, 2023
Transactions value $
-$25,309
Form type
4
Date filed
2/17/2023, 03:41 PM
Previous filing
Feb 1, 2023
Next filing
May 16, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EXTR Common Stock Options Exercise $0 +1.34K +6.38% $0.00 22.3K Feb 15, 2023 Direct F1
transaction EXTR Common Stock Tax liability -$12.7K -668 -3% $19.08 21.6K Feb 15, 2023 Direct F2
transaction EXTR Common Stock Sale -$12.6K -669 -3.09% $18.78 21K Feb 16, 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 -1.34K -14.28% $0.00 8.03K Feb 15, 2023 Common Stock 1.34K $0.00 Direct F4
transaction EXTR Restricted Stock Units Award $0 +5.34K $0.00 5.34K Feb 15, 2023 Common Stock 5.34K $0.00 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.