EXTREME NETWORKS INC — Director's Dealing 2011

Sep 19, 2011

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: EXTREME NETWORKS INC (EXTR)
CIK: 0001078271
Period of Report: 2011-09-16

Reporting Person: Echerd Margaret (VP Corporate Controller_)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3000	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Non-Qualified Stock Option (right to buy)	$3.03	2017-08-04	Common Stock (4000)		Direct
Non-Qualified Stock Option (right to buy)	$3.29	2018-08-03	Common Stock (15000)		Direct

Footnotes

F1: Option is exercisable as vested; 1/4 vests one year from date of hire and then 1/48 vests on each full month thereafter until fully vested, so long as the optionee's employment has not terminated.

F2: Option is exercisable as vested; 1/4 vests one year from date of grant and then 1/48 vests on each full month thereafter until fully vested, so long as the optionee's employment has not terminated.