Katayoun Motiey - 15 Feb 2024 Form 4 Insider Report for EXTREME NETWORKS INC (EXTR)

Role
Chief Legal Admin Sust Officer
Signature
/s/ Katayoun "Katy" Motiey
Issuer symbol
EXTR
Transactions as of
15 Feb 2024
Net transactions value
-$54,248
Form type
4
Filing time
16 Feb 2024, 16:19:30 UTC
Previous filing
18 Jan 2024
Next filing
16 May 2024
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 +4,169 +4.3% $0.000000 101,155 15 Feb 2024 Direct F1
transaction EXTR Common Stock Tax liability $25,447 -2,079 -2.1% $12.24 99,076 15 Feb 2024 Direct F2
transaction EXTR Common Stock Options Exercise $0 +5,329 +5.4% $0.000000 104,405 15 Feb 2024 Direct
transaction EXTR Common Stock Tax liability $28,801 -2,353 -2.3% $12.24 102,052 15 Feb 2024 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 -4,169 -33% $0.000000 8,338 15 Feb 2024 Common Stock 4,169 $0.000000 Direct F3
transaction EXTR Restricted Stock Units Options Exercise $0 -5,329 -14% $0.000000 31,974 15 Feb 2024 Common Stock 5,329 $0.000000 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 An additional 1,009 shares are included in this total, reflecting non-reportable purchase of 1,009 shares in connection with the Company's Employee Stock Purchase Plan (ESPP).
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.