Kevin R. Rhodes - May 30, 2024 Form 4 Insider Report for EXTREME NETWORKS INC (EXTR)

Role
EVP Chief Financial Officer
Signature
/s/ Lily Kang, Power of Attorney for Kevin Rhodes
Stock symbol
EXTR
Transactions as of
May 30, 2024
Transactions value $
-$232,625
Form type
4
Date filed
5/31/2024, 04:12 PM
Previous filing
Jan 3, 2024
Next filing
Aug 30, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EXTR Common Stock Options Exercise $0 +47.4K +170.08% $0.00 75.2K May 30, 2024 Direct F1
transaction EXTR Common Stock Tax liability -$233K -21K -27.96% $11.06 54.2K May 30, 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 -47.4K -33.3% $0.00 94.9K May 30, 2024 Common Stock 47.4K $0.00 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 An additional 1,441 shares are included in this total, reflecting non-reportable purchase of 1,441 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.