Remi Thomas - 31 May 2021 Form 4 Insider Report for EXTREME NETWORKS INC (EXTR)

Signature
/s/ Katy Motiey, Power of Attorney for Remi Thomas
Issuer symbol
EXTR
Transactions as of
31 May 2021
Transactions value $
-$70,642
Form type
4
Filing time
02 Jun 2021, 16:21:14 UTC
Previous filing
28 May 2021
Next filing
17 Aug 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EXTR Common Stock Options Exercise $0 +12,454 +21.78% $0 69,634 31 May 2021 Direct
transaction EXTR Common Stock Tax liability -$70,642 -6,175 -8.87% $11.44 63,459 31 May 2021 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 RSU Award Options Exercise $0 -12,454 -16.67% $0 62,269 31 May 2021 Common Stock 12,454 $0 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.