Joseph A. Vitalone - Jul 15, 2023 Form 4 Insider Report for EXTREME NETWORKS INC (EXTR)

Role
Chief Revenue Officer
Signature
/s/ Katayoun "Katy" Motiey, Power of Attorney for Joseph A. Vitalone
Stock symbol
EXTR
Transactions as of
Jul 15, 2023
Transactions value $
-$350,673
Form type
4
Date filed
7/17/2023, 04:32 PM
Previous filing
May 16, 2023
Next filing
Aug 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EXTR Common Stock Options Exercise $0 +33.4K +44.95% $0.00 108K Jul 15, 2023 by Trust F1
transaction EXTR Common Stock Tax liability -$351K -13.1K -12.2% $26.72 94.4K Jul 15, 2023 by Trust F1, 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 RSU Award Options Exercise $0 -33.4K -100% $0.00* 0 Jul 15, 2023 Common Stock 33.4K $0.00 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares are held in the Vitalone Living Trust, Joseph and Joanne Vitalone Trustees.
F2 Represents shares withheld from the released share award for the payment of applicable income and payroll withholding taxes due on release.
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.