Remi Thomas - 15 Nov 2022 Form 4 Insider Report for EXTREME NETWORKS INC (EXTR)

Role
EVP Chief Financial Officer
Signature
/s/ Lily Kang, Power of Attorney for Remi Thomas
Issuer symbol
EXTR
Transactions as of
15 Nov 2022
Net transactions value
-$126,657
Form type
4
Filing time
15 Nov 2022, 17:32:44 UTC
Previous filing
02 Nov 2022
Next filing
02 Dec 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 +7,643 +6.6% $0.000000 123,985 15 Nov 2022 Direct
transaction EXTR Common Stock Tax liability $69,660 -3,790 -3.1% $18.38 120,195 15 Nov 2022 Direct F1
transaction EXTR Common Stock Options Exercise $0 +6,253 +5.2% $0.000000 126,448 15 Nov 2022 Direct
transaction EXTR Common Stock Tax liability $56,996 -3,101 -2.5% $18.38 123,347 15 Nov 2022 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 -7,643 -25% $0.000000 22,929 15 Nov 2022 Common Stock 7,643 $0.000000 Direct F2
transaction EXTR Restricted Stock Units Options Exercise $0 -6,253 -12% $0.000000 43,772 15 Nov 2022 Common Stock 6,253 $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.