Remi Thomas - 28 Feb 2022 Form 4 Insider Report for EXTREME NETWORKS INC (EXTR)

Role
EVP Chief Financial Officer
Signature
/s/ Katy Motiey, Power of Attorney for Remi Thomas
Issuer symbol
EXTR
Transactions as of
28 Feb 2022
Transactions value $
-$184,851
Form type
4
Filing time
02 Mar 2022, 18:18:25 UTC
Previous filing
16 Feb 2022
Next filing
16 May 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 +12.5K +11.53% $0.00 120K 28 Feb 2022 Direct
transaction EXTR Common Stock Tax liability -$71K -6.18K -5.12% $11.49 114K 28 Feb 2022 Direct F1
transaction EXTR Common Stock Sale -$114K -10K -8.75% $11.39 104K 01 Mar 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 RSU Award Options Exercise $0 -12.5K -33.33% $0.00 24.9K 28 Feb 2022 Common Stock 12.5K $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 Transaction pursuant to the Reporting Person's 10b5-1 Plan.
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.