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

Role
Interim CFO
Signature
/s/ Katayoun "Katy" Motiey, Power of Attorney for Cristina Tate
Stock symbol
EXTR
Transactions as of
May 15, 2023
Transactions value $
-$22,433
Form type
4
Date filed
5/16/2023, 04:26 PM
Previous filing
Feb 17, 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 +6.39% $0.00 22.3K May 15, 2023 Direct
transaction EXTR Common Stock Tax liability -$10K -597 -2.68% $16.81 21.7K May 15, 2023 Direct F1
transaction EXTR Common Stock Sale -$12.4K -741 -3.42% $16.73 21K May 16, 2023 Direct F2

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 -16.67% $0.00 6.69K May 15, 2023 Common Stock 1.34K $0.00 Direct F3
* 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 Transaction pursuant to the Reporting Person's 10b5-1 Plan established February 15, 2022 intended to comply with the prior version of rule 10b5-1.
F3 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.