Katayoun Motiey - Aug 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
Aug 15, 2024
Transactions value $
-$577,747
Form type
4
Date filed
8/19/2024, 04:24 PM
Previous filing
May 16, 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 +3.88% $0.00 111K Aug 15, 2024 Direct
transaction EXTR Common Stock Tax liability -$27.6K -1.86K -1.67% $14.86 110K Aug 15, 2024 Direct F1
transaction EXTR Common Stock Options Exercise $0 +5.33K +4.86% $0.00 115K Aug 15, 2024 Direct
transaction EXTR Common Stock Tax liability -$35.3K -2.38K -2.07% $14.86 113K Aug 15, 2024 Direct F1
transaction EXTR Common Stock Options Exercise $0 +10.4K +9.24% $0.00 123K Aug 15, 2024 Direct
transaction EXTR Common Stock Tax liability -$68.9K -4.64K -3.77% $14.86 118K Aug 15, 2024 Direct F1
transaction EXTR Common Stock Options Exercise $0 +41.7K +35.22% $0.00 160K Aug 16, 2024 Direct
transaction EXTR Common Stock Tax liability -$293K -20.1K -12.59% $14.52 140K Aug 16, 2024 Direct F1
transaction EXTR Common Stock Options Exercise $0 +21.3K +15.23% $0.00 161K Aug 16, 2024 Direct
transaction EXTR Common Stock Tax liability -$153K -10.6K -6.55% $14.52 151K Aug 16, 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 -100% $0.00* 0 Aug 15, 2024 Common Stock 4.17K $0.00 Direct F2
transaction EXTR Restricted Stock Units Options Exercise $0 -5.33K -20.01% $0.00 21.3K Aug 15, 2024 Common Stock 5.33K $0.00 Direct F2
transaction EXTR Restricted Stock Units Options Exercise $0 -10.4K -33.3% $0.00 20.8K Aug 15, 2024 Common Stock 10.4K $0.00 Direct F2
transaction EXTR Restricted Stock Units Award $0 +67.3K $0.00 67.3K Aug 15, 2024 Common Stock 67.3K $0.00 Direct F2
transaction EXTR Performance Shares Award $0 +41.7K $0.00 41.7K Aug 16, 2024 Common Stock 41.7K $0.00 Direct F3
transaction EXTR Performance Shares Options Exercise $0 -41.7K -100% $0.00* 0 Aug 16, 2024 Common Stock 16.7K $0.00 Direct F3
transaction EXTR Performance Shares Award $0 +21.3K $0.00 21.3K Aug 16, 2024 Common Stock 21.3K $0.00 Direct F4
transaction EXTR Performance Shares Options Exercise $0 -21.3K -100% $0.00* 0 Aug 16, 2024 Common Stock 21.3K $0.00 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.