Katayoun Motiey - 15 May 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 May 2024
Net transactions value
-$45,907
Form type
4
Filing time
16 May 2024, 16:47:58 UTC
Previous filing
16 Feb 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 +4,169 +4.1% $0.000000 106,221 15 May 2024 Direct
transaction EXTR Common Stock Tax liability $20,152 -1,859 -1.8% $10.84 104,362 15 May 2024 Direct F1
transaction EXTR Common Stock Options Exercise $0 +5,329 +5.1% $0.000000 109,691 15 May 2024 Direct
transaction EXTR Common Stock Tax liability $25,756 -2,376 -2.2% $10.84 107,315 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 -4,169 -50% $0.000000 4,169 15 May 2024 Common Stock 4,169 $0.000000 Direct F2
transaction EXTR Restricted Stock Units Options Exercise $0 -5,329 -17% $0.000000 26,645 15 May 2024 Common Stock 5,329 $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.