Edward Meyercord - 15 Feb 2022 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 Feb 2022
Transactions value $
-$186,508
Form type
4
Filing time
16 Feb 2022, 16:29:22
Previous filing
02 Feb 2022
Next filing
02 Mar 2022
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 +32K +4.26% $0.00 782K 15 Feb 2022 Direct F1
transaction EXTR Common Stock Tax liability -$187K -14.8K -1.9% $12.59 767K 15 Feb 2022 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 -32K -14.29% $0.00 192K 15 Feb 2022 Common stock 32K $0.00 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 An additional 1,641 shares are included in this total, reflecting non-reportable purchase of 1,641 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.