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EXTREME NETWORKS INC Director's Dealing 2018

Jun 4, 2018

31460_dirs_2018-06-04_dd9cf7e9-4522-4f66-be93-2afb7e89e969.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EXTREME NETWORKS INC (EXTR)
CIK: 0001078271
Period of Report: 2018-01-31

Reporting Person: Davies Benjamin Drew (EVP Chief Financial Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2018-01-31 Common Stock J 1987 $7.548 Acquired 119296 Direct
2018-06-01 Common Stock M 8333 $0.0 Acquired 131051 Direct
2018-06-01 Common Stock F 2509 $8.88 Disposed 128542 Direct
2018-06-01 Common Stock F 2509 $8.88 Disposed 126033 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2018-06-01 Performance Based RSU $0.0 M 8333 Disposed 2019-06-01 Common Stock (8333) Direct

Footnotes

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

F2: Beneficially owned share amount includes 33,334 unvested RSUs granted on 6/1/2016.

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

F4: Represents shares withheld from the RSU award for the payment of applicable income and payroll withholding taxes due on release.

F5: Performance grants were earned when EXTR shares reached $5.00 per share for 30 consecutive trading days after January 1st 2017. Earned shares vest as to 1/3 on the one year anniversary date and 1/12 each quarter thereafter.