EXTREME NETWORKS INC — Director's Dealing 2011

May 4, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EXTREME NETWORKS INC (EXTR)
CIK: 0001078271
Period of Report: 2011-05-02

Reporting Person: Judson James T (Interim CFO)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-05-02	Non-Qualified Stock Option (right to buy)	$3.17	A	100000	Acquired	2018-05-02	Common Stock (100000)	Direct

Footnotes

F1: 1/2 vest 6 months from date of hire; 1/2 vest one year from hire date. Second half vesting is contingent upon converting to the permanent CFO.