Edward Meyercord - 15 May 2024 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 May 2024
Net transactions value
-$276,106
Form type
4
Filing time
16 May 2024, 16:46:18 UTC
Previous filing
10 May 2024
Next filing
19 Aug 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 +26,055 +2.3% $0.000000 1,145,779 15 May 2024 Direct
transaction EXTR Common Stock Tax liability $111,143 -10,253 -0.89% $10.84 1,135,526 15 May 2024 Direct F1
transaction EXTR Common Stock Options Exercise $0 +38,673 +3.4% $0.000000 1,174,199 15 May 2024 Direct
transaction EXTR Common Stock Tax liability $164,963 -15,218 -1.3% $10.84 1,158,981 15 May 2024 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 -50% $0.000000 26,055 15 May 2024 Common Stock 26,055 $0.000000 Direct F2
transaction EXTR Restricted Stock Units Options Exercise $0 -38,673 -17% $0.000000 193,365 15 May 2024 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.