Extreme Networks, Inc.
EXTREME NETWORKS INC (Form: 4, Received: 11/17/2017 16:10:07)
FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

MEYERCORD EDWARD
2. Issuer Name and Ticker or Trading Symbol

EXTREME NETWORKS INC [ EXTR ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
President and CEO
(Last)          (First)          (Middle)

6480 VIA DEL ORO
3. Date of Earliest Transaction (MM/DD/YYYY)

11/15/2017
(Street)

SAN JOSE, CA 95119
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock   11/15/2017   11/15/2017   M    21667   A $0.0   493320   D    
Common Stock   11/15/2017   11/15/2017   F    10611   (1) D $11.83   482709   D    
Common Stock   11/15/2017   11/15/2017   M    21667   A $0.0   504376   D    
Common Stock   11/15/2017   11/15/2017   F    10611   (2) D $11.83   493765   D    

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Performance Shares   $0.0   11/15/2017   11/15/2017   M         21667    11/15/2017   (3) 8/15/2019   Common Stock   21667   $0.0   (4) 151753   D    
RSU Award   $0.0   11/15/2017   11/15/2017   M         21667    11/15/2017   (5) 8/15/2019   Common Stock   21667   $0.0   (4) 151753   D    

Explanation of Responses:
(1)  Represents shares withheld from the Performance Based RSU award for the payment of applicable income and payroll withholding taxes due on release.
(2)  Represents shares withheld from the RSU award for the payment of applicable income and payroll withholding taxes due on release.
(3)  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. See note #5 below.
(4)  This is not an applicable reportable field for this type of grant.
(5)  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.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
MEYERCORD EDWARD
6480 VIA DEL ORO
SAN JOSE, CA 95119
X
President and CEO

Signatures
Quentin Wright, Power of Attorney 11/17/2017
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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