Edward Meyercord - 15 Nov 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 Nov 2023
Net transactions value
-$436,064
Form type
4
Filing time
16 Nov 2023, 16:51:53 UTC
Previous filing
09 Nov 2023
Next filing
01 Dec 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 +26,055 +2.4% $0.000000 1,116,409 15 Nov 2023 Direct
transaction EXTR Common Stock Tax liability $175,531 -10,253 -0.92% $17.12 1,106,156 15 Nov 2023 Direct F1
transaction EXTR Common Stock Options Exercise $0 +38,673 +3.5% $0.000000 1,144,829 15 Nov 2023 Direct
transaction EXTR Common Stock Tax liability $260,532 -15,218 -1.3% $17.12 1,129,611 15 Nov 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 -26,055 -25% $0.000000 78,164 15 Nov 2023 Common Stock 26,055 $0.000000 Direct F2
transaction EXTR Restricted Stock Units Options Exercise $0 -38,673 -12% $0.000000 270,711 15 Nov 2023 Common Stock 38,673 $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.