KEVIN R. RHODES - 30 May 2025 Form 4 Insider Report for EXTREME NETWORKS INC (EXTR)

Signature
/s/ Katayoun ("Katy") Motiey, Power of Attorney for Kevin R. Rhodes
Issuer symbol
EXTR
Transactions as of
30 May 2025
Transactions value $
-$254,152
Form type
4
Filing time
03 Jun 2025, 16:55:39 UTC
Previous filing
04 Mar 2025
Next filing
18 Aug 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
RHODES KEVIN R EVP Chief Financial Officer 2121 RDU CENTER DR., MORRISVILLE /s/ Katayoun ("Katy") Motiey, Power of Attorney for Kevin R. Rhodes 03 Jun 2025 0001164420

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EXTR Common Stock Options Exercise $0 +11.9K +15.66% $0.00 87.6K 30 May 2025 Direct
transaction EXTR Common Stock Tax liability -$82.5K -5.27K -6.01% $15.67 82.3K 30 May 2025 Direct F1
transaction EXTR Common Stock Options Exercise $0 +24.7K +29.96% $0.00 107K 31 May 2025 Direct
transaction EXTR Common Stock Tax liability -$172K -11K -10.24% $15.67 96.1K 31 May 2025 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 -11.9K -20% $0.00 47.4K 30 May 2025 Common Stock 11.9K $0.00 Direct F2
transaction EXTR Performance Shares Award $0 +24.7K $0.00 24.7K 31 May 2025 Common Stock 24.7K $0.00 Direct F3
transaction EXTR Performance Shares Options Exercise $0 -24.7K -100% $0.00 0 31 May 2025 Common Stock 24.7K $0.00 Direct F3
* 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.
F3 Represents one tranche of a performance award granted on 05/30/2023. The amount earned was subject to attainment of certain performance conditions and certification thereof by the Compensation Committee, which certification occurred on 05/31/2025.