EXTREME NETWORKS INC — Director's Dealing 2012

Nov 26, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EXTREME NETWORKS INC (EXTR)
CIK: 0001078271
Period of Report: 2012-11-21

Reporting Person: Gigoux Marilyn Ann (VP Sr Human Resources)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-11-21	Common Stock	M	33600	$3.29	Acquired	62629	Direct
2012-11-21	Common Stock	S	33600	$3.5	Disposed	29029	Direct
2012-11-21	Common Stock	M	16654	$3.29	Acquired	45683	Direct
2012-11-21	Common Stock	S	16654	$3.4715	Disposed	29029	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-11-21	Non-Qualified Stock Option (right to buy)	$3.29	M	33600	Disposed	2018-08-03	Common Stock (33600)	Direct
2012-11-21	Non-Qualified Stock Option (right to buy)	$3.29	M	16654	Disposed	2018-08-03	Common Stock (16654)	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.