Joseph A. Vitalone - 15 Aug 2023 Form 4 Insider Report for EXTREME NETWORKS INC (EXTR)

Role
Chief Revenue Officer
Signature
/s/ Katayoun "Katy" Motiey, Power of Attorney for Joseph A. Vitalone
Issuer symbol
EXTR
Transactions as of
15 Aug 2023
Transactions value $
-$1,135,003
Form type
4
Filing time
17 Aug 2023, 18:56:35 UTC
Previous filing
17 Jul 2023
Next filing
18 Sep 2023
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 +6.25K +6.57% $0.00 101K 15 Aug 2023 by Trust F1, F2
transaction EXTR Common Stock Tax liability -$78.8K -2.46K -2.43% $32.01 99K 15 Aug 2023 by Trust F2, F3
transaction EXTR Common Stock Options Exercise $0 +31.9K +32.26% $0.00 131K 15 Aug 2023 by Trust F2
transaction EXTR Common Stock Tax liability -$402K -12.6K -9.6% $32.01 118K 15 Aug 2023 by Trust F2, F3
transaction EXTR Common Stock Options Exercise $0 +25K +21.14% $0.00 143K 16 Aug 2023 by Trust F2
transaction EXTR Common Stock Tax liability -$287K -9.84K -6.87% $29.17 134K 16 Aug 2023 by Trust F2, F3
transaction EXTR Common Stock Options Exercise $0 +32K +23.94% $0.00 165K 16 Aug 2023 by Trust F2
transaction EXTR Common Stock Tax liability -$367K -12.6K -7.6% $29.17 153K 16 Aug 2023 by Trust F2, F3

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 -6.25K -20% $0.00 25K 15 Aug 2023 Common Stock 6.25K $0.00 Direct F4
transaction EXTR RSU Award Options Exercise $0 -31.9K -33.3% $0.00 64K 15 Aug 2023 Common Stock 31.9K $0.00 Direct F4
transaction EXTR RSU Award Award $0 +46.9K $0.00 46.9K 15 Aug 2023 Common Stock 46.9K $0.00 Direct F4
transaction EXTR Performance Award Award $0 +25K $0.00 25K 16 Aug 2023 Common Stock 25K $0.00 Direct F5
transaction EXTR Performance Award Options Exercise $0 -25K -100% $0.00* 0 16 Aug 2023 Common Stock 25K $0.00 Direct F5
transaction EXTR Performance Award Award $0 +32K $0.00 32K 16 Aug 2023 Common Stock 32K $0.00 Direct F5, F6
transaction EXTR Performance Award Options Exercise $0 -32K -100% $0.00* 0 16 Aug 2023 Common Stock 32K $0.00 Direct F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 An additional 762 shares are included in this total, reflecting non-reportable purchase of 762 shares in connection with the Company's Employee Stock Purchase Plan (ESPP).
F2 Shares are held in the Vitalone Living Trust, Joseph and Joanne Vitalone Trustees.
F3 Represents shares withheld from the released share award for the payment of applicable income and payroll withholding taxes due on release.
F4 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.
F5 Represents one tranche of a performance award granted on 08/15/2021. The amount earned was subject to attainment of certain performance conditions and certification thereof by the Compensation Committee, which certification occurred on 8/16/2023.
F6 Represents one tranche of a performance award granted on 08/15/2022. The amount earned was subject to attainment of certain performance conditions and certification thereof by the Compensation Committee, which certification occurred on 8/16/2023.