Katayoun Motiey - Jun 2, 2025 Form 4 Insider Report for EXTREME NETWORKS INC (EXTR)

Role
Chief Legal Admin Sust Officer
Signature
/s/ Katayoun ("Katy") Motiey
Stock symbol
EXTR
Transactions as of
Jun 2, 2025
Transactions value $
-$695,111
Form type
4
Date filed
6/3/2025, 04:57 PM
Previous filing
May 16, 2025
Next filing
Aug 18, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
MOTIEY KATAYOUN Chief Legal Admin Sust Officer 2121 RDU CENTER DR., MORRISVILLE /s/ Katayoun ("Katy") Motiey 2025-06-03 0001659088

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EXTR Common Stock Options Exercise $126K +19.6K +15.37% $6.40 147K Jun 2, 2025 by Trust F1
transaction EXTR Common Stock Sale -$314K -19.6K -13.32% $16.00 128K Jun 2, 2025 by Trust F1, F2
transaction EXTR Common Stock Options Exercise $334K +52.2K +40.89% $6.40 180K Jun 3, 2025 by Trust F1
transaction EXTR Common Stock Sale -$841K -52.2K -29.02% $16.11 128K Jun 3, 2025 by Trust F1, 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 Non-Qualified Stock Option (right to buy) Options Exercise $0 -19.6K -27.32% $0.00 52.2K Jun 2, 2025 Common Stock 19.6K $6.40 Direct F4
transaction EXTR Non-Qualified Stock Option (right to buy) Options Exercise $0 -52.2K -100% $0.00 0 Jun 3, 2025 Common Stock 52.2K $6.40 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares are held in The Katayoun Motiey Trust U/A DTD 8/26/2011
F2 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.00 to $16.005 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.00 to $16.315 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F4 This Performance Stock Option Grant was achieved after the Company's Common Stock closing price exceeded $10.00 for 30 consecutive trading days on June 25, 2021. Once earned, the shares vest as to 1/3 subject thereto on August 31, 2019 and 1/12 of the shares thereto on each quarterly anniversary thereafter with any shares that would have already been vested in accordance with the time based vesting schedule vesting immediately when the PSOs were earned.