Katayoun Motiey - 15 Aug 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 Aug 2024
Net transactions value
-$577,747
Form type
4
Filing time
19 Aug 2024, 16:24:23 UTC
Previous filing
16 May 2024
Next filing
18 Nov 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 +3.9% $0.000000 111,484 15 Aug 2024 Direct
transaction EXTR Common Stock Tax liability $27,625 -1,859 -1.7% $14.86 109,625 15 Aug 2024 Direct F1
transaction EXTR Common Stock Options Exercise $0 +5,329 +4.9% $0.000000 114,954 15 Aug 2024 Direct
transaction EXTR Common Stock Tax liability $35,307 -2,376 -2.1% $14.86 112,578 15 Aug 2024 Direct F1
transaction EXTR Common Stock Options Exercise $0 +10,403 +9.2% $0.000000 122,981 15 Aug 2024 Direct
transaction EXTR Common Stock Tax liability $68,921 -4,638 -3.8% $14.86 118,343 15 Aug 2024 Direct F1
transaction EXTR Common Stock Options Exercise $0 +41,675 +35% $0.000000 160,018 16 Aug 2024 Direct
transaction EXTR Common Stock Tax liability $292,505 -20,145 -13% $14.52 139,873 16 Aug 2024 Direct F1
transaction EXTR Common Stock Options Exercise $0 +21,306 +15% $0.000000 161,179 16 Aug 2024 Direct
transaction EXTR Common Stock Tax liability $153,389 -10,564 -6.6% $14.52 150,615 16 Aug 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 -100% $0.000000* 0 15 Aug 2024 Common Stock 4,169 $0.000000 Direct F2
transaction EXTR Restricted Stock Units Options Exercise $0 -5,329 -20% $0.000000 21,306 15 Aug 2024 Common Stock 5,329 $0.000000 Direct F2
transaction EXTR Restricted Stock Units Options Exercise $0 -10,403 -33% $0.000000 20,837 15 Aug 2024 Common Stock 10,403 $0.000000 Direct F2
transaction EXTR Restricted Stock Units Award $0 +67,294 $0.000000 67,294 15 Aug 2024 Common Stock 67,294 $0.000000 Direct F2
transaction EXTR Performance Shares Award $0 +41,675 $0.000000 41,675 16 Aug 2024 Common Stock 41,675 $0.000000 Direct F3
transaction EXTR Performance Shares Options Exercise $0 -41,675 -100% $0.000000* 0 16 Aug 2024 Common Stock 16,675 $0.000000 Direct F3
transaction EXTR Performance Shares Award $0 +21,306 $0.000000 21,306 16 Aug 2024 Common Stock 21,306 $0.000000 Direct F4
transaction EXTR Performance Shares Options Exercise $0 -21,306 -100% $0.000000* 0 16 Aug 2024 Common Stock 21,306 $0.000000 Direct F4
* 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.
F3 Represents one tranche of a performance award granted on 08/15/2021. The amount earned was subject to attainment of certain performance conditions and certification thereof by the Compensation Committee, which certification occurred on 8/16/2024.
F4 Represents one tranche of a performance award granted on 08/15/2022. The amount earned was subject to attainment of certain performance conditions and certification thereof by the Compensation Committee, which certification occurred on 8/16/2024.