EXTREME NETWORKS INC — Director's Dealing 2019

Feb 20, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EXTREME NETWORKS INC (EXTR)
CIK: 0001078271
Period of Report: 2019-02-15

Reporting Person: Gault Robert J (EVP Worldwide Sales Services a)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-02-15	Common Stock	M	8338	$0.0	Acquired	203783	Direct
2019-02-15	Common Stock	F	2563	$7.85	Disposed	201220	Direct
2019-02-15	Common Stock	M	6670	$0.0	Acquired	207890	Direct
2019-02-15	Common Stock	F	2270	$7.85	Disposed	205620	Direct
2019-02-15	Common Stock	M	6670	$0.0	Acquired	212290	Direct
2019-02-15	Common Stock	F	2445	$7.85	Disposed	209845	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-02-15	Performance Shares	$0.0	M	6670	Disposed	2019-08-15	Common Stock (6670)	Direct
2019-02-15	RSU Award	$0.0	M	6670	Disposed	2019-08-15	Common Stock (6670)	Direct
2019-02-15	RSU Award	$0.0	M	8338	Disposed	2020-02-15	Common Stock (8338)	Direct

Footnotes

F1: Represents shares withheld from the RSU award for the payment of applicable income and payroll withholding taxes due on release.

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

F3: 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.

F4: This is not an applicable reportable field for this type of grant.

F5: 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.

F6: This Time Based RSU award vests as to 1/3 on February 15, 2018 and 1/12 each quarter thereafter subject to continued service at the company through the vesting dates.