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

Role
Interim CFO
Signature
/s/ Katayoun "Katy" Motiey, Power of Attorney for Cristina Tate
Issuer symbol
EXTR
Transactions as of
15 May 2023
Net transactions value
-$22,432
Form type
4
Filing time
16 May 2023, 16:26:50 UTC
Previous filing
17 Feb 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 +1,338 +6.4% $0.000000 22,288 15 May 2023 Direct
transaction EXTR Common Stock Tax liability $10,036 -597 -2.7% $16.81 21,691 15 May 2023 Direct F1
transaction EXTR Common Stock Sale $12,397 -741 -3.4% $16.73 20,950 16 May 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 -1,338 -17% $0.000000 6,687 15 May 2023 Common Stock 1,338 $0.000000 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.