EXTREME NETWORKS INC — Director's Dealing 2017

Aug 16, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EXTREME NETWORKS INC (EXTR)
CIK: 0001078271
Period of Report: 2017-07-31

Reporting Person: MEYERCORD EDWARD (Director, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-07-31	Common Stock	J	8865	$2.397	Acquired	483255	Direct
2017-08-15	Common Stock	M	86580	$0.0	Acquired	569835	Direct
2017-08-15	Common Stock	F	42381	$10.39	Disposed	527454	Direct
2017-08-15	Common Stock	M	86580	$0.0	Acquired	614034	Direct
2017-08-15	Common Stock	F	42381	$10.39	Disposed	571653	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-08-15	Performance Shares	$0.0	M	86580	Disposed	2019-08-15	Common Stock (86580)	Direct
2017-08-15	RSU Award	$0.0	M	86580	Disposed	2019-08-15	Common Stock (86580)	Direct

Footnotes

F1: Shares were purchased through the 2014 Employee Stock Purchase Plan.

F2: Represents shares withheld from the RSU award for the payment of applicable income and payroll withholding taxes due on release.

F3: Represents shares withheld from the Performance Based RSU award for the payment of applicable income and payroll withholding taxes due on release.

F4: Performance grants were earned when EXTR shares reached $5.00 per share for 30 consecutive trading days after January 1st 2017. Shares vest on the same schedule as the Time-Based RSUs granted at the same time.

F5: This is not an applicable reportable field for this type of grant.

F6: This Time Based RSU award vests from the original grant date as to 1/3 on the one year anniversary and 1/12 each quarter thereafter.