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

Role
Chief Legal Admin Sust Officer
Signature
/s/ Katayoun "Katy" Motiey
Stock symbol
EXTR
Transactions as of
May 15, 2024
Transactions value $
-$45,907
Form type
4
Date filed
5/16/2024, 04:47 PM
Previous filing
Feb 16, 2024
Next filing
Aug 19, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EXTR Common Stock Options Exercise $0 +4.17K +4.09% $0.00 106K May 15, 2024 Direct
transaction EXTR Common Stock Tax liability -$20.2K -1.86K -1.75% $10.84 104K May 15, 2024 Direct F1
transaction EXTR Common Stock Options Exercise $0 +5.33K +5.11% $0.00 110K May 15, 2024 Direct
transaction EXTR Common Stock Tax liability -$25.8K -2.38K -2.17% $10.84 107K May 15, 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 -4.17K -50% $0.00 4.17K May 15, 2024 Common Stock 4.17K $0.00 Direct F2
transaction EXTR Restricted Stock Units Options Exercise $0 -5.33K -16.67% $0.00 26.6K May 15, 2024 Common Stock 5.33K $0.00 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.