EXTREME NETWORKS INC — Director's Dealing 2011

Nov 7, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EXTREME NETWORKS INC (EXTR)
CIK: 0001078271
Period of Report: 2011-11-04

Reporting Person: Echerd Margaret (VP Corporate Controller_)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-11-04	Common Stock	A	10000	—	Acquired	13000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-11-04	Non-Qualified Stock Option (right to buy)	$2.98	A	25000	Acquired	2018-11-04	Common Stock (25000)	Direct

Footnotes

F1: Vesting 33/33/34 over 3 years on the anniversary of the promotion date.

F2: 1/4 Vest 1 year cliff; 1/48th vest per month for 36 months from promotion date.