EXTREME NETWORKS INC — Director's Dealing 2021

Jul 2, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EXTREME NETWORKS INC (EXTR)
CIK: 0001078271
Period of Report: 2021-07-01

Reporting Person: MEYERCORD EDWARD (Director, PRESIDENT AND CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-07-01	Common Stock	M	25000	$2.51	Acquired	613347	Direct
2021-07-01	Common Stock	S	25000	$11.3792	Disposed	588347	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-07-01	Non-Qualified Stock Option (right to buy)	$2.51	M	25000	Disposed	2022-05-08	Common Stock (25000)	Direct

Footnotes

F1: Transaction pursuant to the Reporting Person's 10b5-1 Plan.

F2: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.14 to $11.58 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F3: This Performance Option Grant vested monthly over 2 years from the date of Grant and was achieved after the Company's Common Stock closing price exceeded $4.50 for 30 consecutive trading days on January 20, 2017.