Kevin R. Rhodes - 28 Feb 2025 Form 4 Insider Report for EXTREME NETWORKS INC (EXTR)

Role
EVP Chief Financial Officer
Signature
/s/ Katayoun ("Katy") Motiey, Power of Attorney for Kevin R. Rhodes
Issuer symbol
EXTR
Transactions as of
28 Feb 2025
Net transactions value
-$81,360
Form type
4
Filing time
04 Mar 2025, 16:45:48 UTC
Previous filing
03 Dec 2024
Next filing
03 Jun 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 +11,860 +17% $0.000000 81,015 28 Feb 2025 Direct F1
transaction EXTR Common Stock Tax liability $81,360 -5,266 -6.5% $15.45 75,749 28 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 -11,860 -17% $0.000000 59,300 28 Feb 2025 Common Stock 11,860 $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.