Edward Meyercord - Nov 15, 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
Stock symbol
EXTR
Transactions as of
Nov 15, 2024
Transactions value $
-$309,546
Form type
4
Date filed
11/18/2024, 05:41 PM
Previous filing
Nov 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EXTR Common Stock Options Exercise $0 +38.7K +2.67% $0.00 1.49M Nov 15, 2024 Direct
transaction EXTR Common Stock Tax liability -$238K -15.2K -1.02% $15.61 1.47M Nov 15, 2024 Direct F1
transaction EXTR Common Stock Options Exercise $0 +11.7K +0.8% $0.00 1.48M Nov 15, 2024 Direct
transaction EXTR Common Stock Tax liability -$72K -4.61K -0.31% $15.61 1.48M Nov 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 -38.7K -25% $0.00 116K Nov 15, 2024 Common Stock 38.7K $0.00 Direct F2
transaction EXTR Restricted Stock Units Options Exercise $0 -11.7K -12.5% $0.00 82K Nov 15, 2024 Common Stock 11.7K $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.