EDWARD MEYERCORD - 15 Nov 2021 Form 4 Insider Report for EXTREME NETWORKS INC (EXTR)

Role: PRESIDENT AND CEO, Director
Signature: /s/ Katy Motiey, Power of Attorney for Ed Meyercord
Issuer symbol: EXTR
Transactions as of: 15 Nov 2021
Net transactions value: -$177,027
Form type: 4
Filing time: 16 Nov 2021, 18:02:14 UTC
Previous filing: 03 Nov 2021
Next filing: 02 Dec 2021
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	+31,960	+4.4%	$0.000000	750,766	15 Nov 2021	Direct
transaction	EXTR	Common Stock	Tax liability	$177,027	-14,814	-2%	$11.95	735,952	15 Nov 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	Restricted Stock Units	Options Exercise	$0	-31,960	-12%	$0.000000	223,721	15 Nov 2021	Common stock	31,960	$0.000000	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.