Katayoun Motiey - Nov 15, 2024 Form 4 Insider Report for EXTREME NETWORKS INC (EXTR)

Signature
/s/ Katayoun ("Katy") Motiey
Stock symbol
EXTR
Transactions as of
Nov 15, 2024
Transactions value $
-$61,425
Form type
4
Date filed
11/18/2024, 05:43 PM
Previous filing
Aug 19, 2024
Next filing
Dec 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EXTR Common Stock Options Exercise $0 +5.33K +3.54% $0.00 156K Nov 15, 2024 by Trust F1
transaction EXTR Common Stock Tax liability -$41.3K -2.64K -1.69% $15.61 153K Nov 15, 2024 by Trust F1, F2
transaction EXTR Common Stock Options Exercise $0 +2.6K +1.7% $0.00 156K Nov 15, 2024 by Trust F1
transaction EXTR Common Stock Tax liability -$20.2K -1.29K -0.83% $15.61 155K Nov 15, 2024 by Trust F1, 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 -5.33K -25% $0.00 16K Nov 15, 2024 Common Stock 5.33K $0.00 Direct F3
transaction EXTR Restricted Stock Units Options Exercise $0 -2.6K -12.5% $0.00 18.2K Nov 15, 2024 Common Stock 2.6K $0.00 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares are held in The Katayoun Motiey Trust U/A DTD 8/26/2011
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.