Joseph A. Vitalone - Nov 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
Nov 15, 2023
Transactions value $
-$95,992
Form type
4
Date filed
11/16/2023, 05:00 PM
Previous filing
Sep 18, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EXTR Common Stock Options Exercise $0 +6.25K +5.8% $0.00 114K Nov 15, 2023 by Trust F1
transaction EXTR Common Stock Tax liability -$42.1K -2.46K -2.16% $17.12 112K Nov 15, 2023 by Trust F1, F2
transaction EXTR Common Stock Options Exercise $0 +7.99K +7.16% $0.00 120K Nov 15, 2023 by Trust F1
transaction EXTR Common Stock Tax liability -$53.9K -3.15K -2.63% $17.12 116K Nov 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 -6.25K -25% $0.00 18.8K Nov 15, 2023 Common Stock 6.25K $0.00 Direct F3
transaction EXTR RSU Award Options Exercise $0 -7.99K -12.5% $0.00 56K Nov 15, 2023 Common Stock 7.99K $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.