Edward Meyercord - 15 Nov 2024 Form 4 Insider Report for EXTREME NETWORKS INC (EXTR)

Role
PRESIDENT AND CEO, Director
Signature
/s/ Katayoun ("Katy") Motiey, Power of Attorney for Ed Meyercord
Issuer symbol
EXTR
Transactions as of
15 Nov 2024
Net transactions value
-$309,546
Form type
4
Filing time
18 Nov 2024, 17:41:01 UTC
Previous filing
01 Nov 2024
Next filing
03 Dec 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 +38,673 +2.7% $0.000000 1,487,051 15 Nov 2024 Direct
transaction EXTR Common Stock Tax liability $237,553 -15,218 -1% $15.61 1,471,833 15 Nov 2024 Direct F1
transaction EXTR Common Stock Options Exercise $0 +11,720 +0.8% $0.000000 1,483,553 15 Nov 2024 Direct
transaction EXTR Common Stock Tax liability $71,993 -4,612 -0.31% $15.61 1,478,941 15 Nov 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 -38,673 -25% $0.000000 116,019 15 Nov 2024 Common Stock 38,673 $0.000000 Direct F2
transaction EXTR Restricted Stock Units Options Exercise $0 -11,720 -12% $0.000000 82,047 15 Nov 2024 Common Stock 11,720 $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.