EXTREME NETWORKS INC — Director's Dealing 2021

May 3, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EXTREME NETWORKS INC (EXTR)
CIK: 0001078271
Period of Report: 2021-04-29

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-04-29	Common Stock	M	100000	$2.51	Acquired	670174	Direct
2021-04-29	Common Stock	S	100000	$12.0035	Disposed	570174	Direct
2021-05-03	Common Stock	M	25000	$2.51	Acquired	595174	Direct
2021-05-03	Common Stock	S	25000	$11.3421	Disposed	570174	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-04-29	Non-Qualified Stock Option (right to buy)	$2.51	M	100000	Disposed	2022-05-08	Common Stock (100000)	Direct
2021-05-03	Non-Qualified Stock Option (right to buy)	$2.51	M	25000	Disposed	2022-05-08	Common Stock (25000)	Direct

Footnotes

F1: Transaction made pursuant to a duly adopted 10b5-1 trading plan.

F2: The sale price represents the weighted average sale price per share. The Company can provide the full information regarding the number of shares sold at each separate price upon further request.

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.