Edward Meyercord - 15 Feb 2025 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 Feb 2025
Net transactions value
-$324,370
Form type
4
Filing time
18 Feb 2025, 16:18:12 UTC
Previous filing
04 Feb 2025
Next filing
04 Mar 2025
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 +2.6% $0.000000 1,518,829 15 Feb 2025 Direct F1
transaction EXTR Common Stock Tax liability $249,271 -15,218 -1% $16.38 1,503,611 15 Feb 2025 Direct F2
transaction EXTR Common Stock Options Exercise $0 +11,721 +0.78% $0.000000 1,515,332 15 Feb 2025 Direct
transaction EXTR Common Stock Tax liability $75,100 -4,613 -0.3% $16.28 1,510,719 15 Feb 2025 Direct 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 -38,673 -33% $0.000000 77,346 15 Feb 2025 Common Stock 38,673 $0.000000 Direct F3
transaction EXTR Restricted Stock Units Options Exercise $0 -11,721 -14% $0.000000 70,326 15 Feb 2025 Common Stock 11,721 $0.000000 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 An additional 1,215 shares are included in this total, reflecting non-reportable purchase of 1,215 shares in connection with the Company's Employee Stock Purchase Plan (ESPP).
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.