Edward Meyercord - 15 May 2023 Form 4 Insider Report for EXTREME NETWORKS INC (EXTR)

Role
PRESIDENT AND CEO, Director
Signature
/s/ Katayoun "Katy" Motiey, Power of Attorney for Ed Meyercord
Issuer symbol
EXTR
Transactions as of
15 May 2023
Net transactions value
-$383,772
Form type
4
Filing time
16 May 2023, 16:25:03 UTC
Previous filing
17 Feb 2023
Next filing
02 Jun 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 +31,960 +3.7% $0.000000 907,161 15 May 2023 Direct
transaction EXTR Common Stock Tax liability $211,419 -12,577 -1.4% $16.81 894,584 15 May 2023 Direct F1
transaction EXTR Common Stock Options Exercise $0 +26,054 +2.9% $0.000000 920,638 15 May 2023 Direct
transaction EXTR Common Stock Tax liability $172,353 -10,253 -1.1% $16.81 910,385 15 May 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 Restricted Stock Units Options Exercise $0 -31,960 -50% $0.000000 31,961 15 May 2023 Common Stock 31,960 $0.000000 Direct F2
transaction EXTR Restricted Stock Units Options Exercise $0 -26,054 -17% $0.000000 130,274 15 May 2023 Common Stock 26,054 $0.000000 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.