EXTREME NETWORKS INC — Director's Dealing 2015

May 12, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EXTREME NETWORKS INC (EXTR)
CIK: 0001078271
Period of Report: 2015-05-08

Reporting Person: Gault Robert J (EVP Global Sales, Channel, Svc)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-05-08	Common Stock	A	80000.0	$0.0	Acquired	80000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-05-08	Non-Qualified Stock Option (right to buy)	$2.51	A	100000.0	Acquired	2022-05-08	Common Stock (100000)	Direct

Footnotes

F1: Grant of Restricted Stock Unit. Vests in full in 3 years, one-third annually from grant date.

F2: 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.