EXTR-063014 10K/A
Table of Contents

 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
____________________________________________________
Form 10-K/A
(Amendment No. 1)
____________________________________________________
(Mark One)
x
ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
 
For the fiscal year ended June 30, 2014

OR
o
TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
 
For the transition period from              to             .

Commission file number 000-25711
____________________________________________________
Extreme Networks, Inc.
(Exact name of Registrant as specified in its charter)
____________________________________________________
 
Delaware
 
77-0430270
(State or other jurisdiction of
incorporation or organization)
 
(I.R.S. Employer
Identification No.)
 
 
 
145 Rio Robles
San Jose, California
 
95134
(Address of principal executive offices)
 
(Zip Code)
Registrant’s telephone number, including area code: (408) 579-2800
____________________________________________________
Securities registered pursuant to Section 12(b) of the Act: None
Securities registered pursuant to Section 12(g) of the Act:
Common stock, $.001 par value
____________________________________________________
Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.    Yes  o    No  x
Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act.    Yes  o    No  x
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.    Yes  x    No  o
Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K (§229.405 of this chapter) is not contained herein, and will not be contained, to the best of registrant’s knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K.  o
Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§229.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).    Yes  x    No  o
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act. (Check One):
Large Accelerated Filer  o
 
Accelerated Filer  x
Non-Accelerated Filer  o
 
Smaller reporting company  o
Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).    Yes  o    No  x
The aggregate market value of voting stock held by non-affiliates of the Registrant was approximately $652.6 million as of December 31, 2013, the last business day of the Registrant’s most recently completed second fiscal quarter, based upon the per share closing price of the Registrant’s common stock as reported on The NASDAQ Global Market reported on such date. For purposes of this disclosure, shares of common stock held or controlled by executive officers and directors of the registrant and by persons who hold more than 5% of the outstanding shares of common stock have been treated as shares held by affiliates. This calculation does not reflect a determination that certain persons are affiliates of the Registrant for any other purpose.
97,391,901 shares of the Registrant’s Common stock, $.001 par value, were outstanding as of August 5, 2014.
DOCUMENTS INCORPORATED BY REFERENCE
EXPLANATORY NOTE
The purpose of this Amendment No. 1 to the Company’s Annual Report on Form 10-K for the period ended June 30, 2014, filed with the Securities and Exchange Commission on September 15, 2014 (the “Form 10-K”), is to correct the signature page and include an officer who was inadvertently excluded from the original filing.
No other changes have been made to the Form 10-K. This Amendment No. 1 to the Form 10-K speaks as of the original filing date of the Form 10-K, does not reflect events that may have occurred subsequent to the original filing date, and does not modify or update in any way disclosures made in the original Form 10-K.

 



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SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized, on June 2, 2015.
 
 
EXTREME NETWORKS, INC.
(Registrant)
 
 
 
 
By:
/s/    Kenneth Arola
 
 
Kenneth Arola
 
 
Senior Vice President, Chief Financial Officer, and Chief Accounting Officer
 
 
June 2, 2015

POWER OF ATTORNEY
KNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature appears below constitutes and appoints Kenneth Arola, his true and lawful attorneys-in-fact, with full power of substitution, for him in any and all capacities, to sign any amendments to this report on Form 10-K/A and to file the same, with exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, hereby ratifying and confirming all that each of said attorneys-in-fact or their substitute or substitutes may do or cause to be done by virtue hereof.
Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the Registrant and in the capacities and on the date indicated:
 
/s/    ED MEYERCORD
 
/s/    CHARLES W. BERGER        
Ed Meyercord
 
Charles W. Berger
Chairman of the Board
 
President and Chief Executive Officer, Director
August 27, 2014
 
(Principal Executive Officer)
 
 
August 27, 2014
 
 
 
/s/    KENNETH AROLA    
 
/s/    MAURY AUSTIN        
Kenneth Arola
 
Maury Austin
Senior Vice President, Chief Financial Officer, and Chief Accounting Officer
 
Director
(Principal Accounting Officer)
 
August 27, 2014
June 2, 2015
 
 
 
 
 
/s/    CHARLES CARINALLI        
 
/s/    RANDI PAIKOFF FAIGIN        
Charles Carinalli
 
Randi Paikoff Faigin
Director
 
Director
August 27, 2014
 
August 28, 2014
 
 
 
/s/    ED KENNEDY        
 
/s/    JOHN KISPERT        
Ed Kennedy
 
John Kispert
Director
 
Director
August 27, 2014
 
August 28, 2014
 
 
 
/s/    JOHN C. SHOEMAKER        
 
 
John C. Shoemaker
 
 
Director
 
 
August 27, 2014
 
 
 
 
 


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EXHIBIT INDEX

The exhibits listed below are required by Item 601 of Regulation S-K. Each management contract or compensatory plan or arrangement required to be filed as an exhibit to this Form 10-K has been identified.

Exhibit
Number
 
 
 
Incorporated by Reference
 
Filed
Herewith
Description of Document
 
Form
 
Filing
Date
 
Number
 
2.1
 
Stock Purchase Agreement, dated September 12, 2013 between Enterprise Network Holdings, Inc. and Extreme Networks, Inc.
 
8-K
 
9/13/2013
 
2.1
 
 
3.1
 
Amended and Restated Certificate of Incorporation of Extreme Networks, Inc.
 
8-K
 
12/17/2010
 
3.2
 
 
3.2
 
Amended and Restated Bylaws of Extreme Networks, Inc.
 
8-K
 
3/31/2011
 
3.1
 
 
3.3
 
Certificate of Designation, Preferences and Rights of the Terms of the Series A Preferred Stock
 
10-K
 
9/26/2001
 
3.7
 
 
4.1
 
Amended and Restated Rights Agreement dated April 26, 2012 between Extreme Networks, Inc. and Computershare Shareowner Services LLC.
 
8-K
 
4/30/2012
 
4.1
 
 
4.2
 
Amendment No. 2 to the Amended and Restated Rights Agreement effective April 30, 2014.
 
8-K
 
5/20/2014
 
4.1
 
 
10.1
 
Form of Indemnification Agreement for directors and officers.
 
8-K
 
10/24/2011
 
99.1
 
 
10.2*
 
Amended 1996 Stock Option Plan and forms of agreements thereunder.
 
S-1
 
2/5/1999
 
10.2
 
 
10.3*
 
1999 Employee Stock Purchase Plan.
 
S-1
 
2/5/1999
 
10.3
 
 
10.4*
 
2000 Nonstatutory Stock Option Plan.
 
10-K
 
9/24/2000
 
10.7
 
 
10.5*
 
2001 Nonstatutory Stock Option Plan.
 
Schedule TO
 
10/31/2001
 
(d)(9)
 
 
10.6*
 
Extreme Networks, Inc. 2005 Equity Incentive Plan.
 
8-K
 
10/23/2009
 
99.3
 
 
10.7*
 
Form of Restricted Stock Units Agreement Under the 2005 Equity Incentive Plan.
 
10-Q
 
11/7/2008
 
10.22
 
 
10.8*
 
Offer of Employment Letter Dated July 29, 2010 from Extreme Networks, Inc. to Oscar Rodriguez.
 
10-K
 
8/20/2010
 
10.32
 
 
10.9*
 
Offer Letter Agreement, dated September 13, 2011, between Extreme Networks, Inc. and Margaret Echerd.
 
8-K
 
9/15/2011
 
10.3
 
 
10.10*
 
Offer Letter Agreement, executed May 18, 2012, between Extreme Networks, Inc. and John Kurtzweil.
 
8-K
 
5/22/2012
 
10.2
 
 
10.11
 
Lease, dated September 11, 2012, between Extreme Networks, Inc., and 3515-3585 Monroe Street, LLC.
 
8-K
 
9/18/2012
 
10.1
 
 
10.12*
 
Amendment to Offer of Employment, dated September 13, 2012, between Extreme Networks, Inc., and Oscar Rodriguez.
 
8-K
 
9/18/2012
 
10.2
 
 
10.13*
 
Consulting Agreement, dated September 20, 2012, between Extreme Networks, Inc. and Diane Honda.
 
8-K
 
9/21/2012
 
10.1
 
 
10.14*
 
Offer Letter Agreement, executed September 7, 2012, between Extreme Networks, Inc. and Nancy Shemwell.
 
8-K
 
9/24/2012
 
10.1
 
 
10.15
 
Lease Agreement by and between RDU Center III LLC and Extreme Networks, Inc. dated October 15, 2012.
 
8-K
 
10/19/2012
 
10.1
 
 
10.16
 
First Amendment to Lease Agreement by and between RDU Center III LLC and Extreme Networks, Inc. dated December 31, 2012.
 
8-K
 
1/7/2013
 
10.1
 
 
10.17
 
Office Space Lease Agreement by and between W3 Ridge Rio Robles Property LLC and Extreme Networks, Inc., dated December 31, 2012.
 
8-K
 
1/7/2013
 
10.2
 
 

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Table of Contents


Exhibit
Number
 
 
 
Incorporated by Reference
 
Filed
Herewith
Description of Document
 
Form
 
Filing
Date
 
Number
 
10.18*
 
Offer Letter, dated April 25, 2013, between Extreme Networks, Inc. and Charles Berger.
 
8-K
 
5/1/2013
 
10.1
 
 
10.19*
 
Release of Claims, dated April 28, 2013, between Extreme Networks, Inc. and Oscar Rodriguez.
 
8-K
 
5/1/2013
 
10.2
 
 
10.20*
 
Offer Letter, dated July 19, 2013, between Extreme Networks, Inc. and Ed Carney.
 
8-K
 
7/29/2013
 
10.1
 
 
10.21*
 
Release of Claims, dated August 20, 2013, between Extreme Networks, Inc. and David Ginsburg.
 
8-K
 
8/23/2013
 
10.1
 
 
10.22
 
Credit Agreement, dated as of October 31, 2013, among Extreme Networks Inc., as borrower, Silicon Valley Bank, as administrative agent and collateral agent, Bank of America, N.A. and PNC Bank, National Association as co-syndication agents and the lenders party thereto.
 
8-K
 
11/1/2013
 
10.1
 
 
10.23*
 
Offer Letter executed November 1, 2013, between Extreme Networks, Inc. and Chris Crowell.
 
8-K
 
11/7/2013
 
10.1
 
 
10.24*
 
Separation Agreement and General Release of Claims executed November 1, 2013 between Extreme Networks, Inc. and Nancy Shemwell.
 
8-K
 
11/7/2013
 
10.2
 
 
10.25
 
Enterasys Networks, Inc. 2013 Stock Plan.
 
S-8
 
11/22/2013
 
99.1
 
 
10.26
 
Extreme Networks, Inc. 2013 Stock Plan.
 
S-8
 
11/22/2013
 
99.2
 
 
10.27
 
Extreme Networks, Inc. Executive Change in Control Severance Plan Amended and Restated February 12, 2014.
 
10-Q
 
5/7/2014
 
10.1
 
 
10.28
 
Agreement to Participate in the Extreme Networks, Inc. Executive Change in Control Severance Plan as Amended and Restated February 12, 2014.
 
10-Q
 
5/7/2014
 
10.2
 
 
10.29*
 
Offer Letter executed May 2, 2014, between Extreme Networks, Inc. and Ken Arola.
 
8-K
 
5/8/2014
 
10.1
 
 
10.30*
 
Separation and Transition Agreement and General Release of Claims, dated May 19, 2014, by and between Extreme Networks, Inc. and John Kurtzweil.
 
8-K
 
5/23/2014
 
10.1
 
 
10.31*
 
Separation Agreement and General Release of Claims, dated May 21, 2014, by and between Extreme Networks, Inc. and Christopher Crowell.
 
8-K
 
5/23/2014
 
10.2
 
 
21.1
 
Subsidiaries of Registrant.
 
10-K
 
9/15/2014
 
21.1
 
 
23.1
 
Consent of KPMG LLP, Independent Registered Public Accounting Firm.
 
10-K
 
9/15/2014
 
23.1
 
 
24.1
 
Power of Attorney (see the signature page of this Form 10-K/A).
 
 
 
 
 
 
 
X
31.1
 
Section 302 Certification of Chief Executive Officer.
 
 
 
 
 
 
 
X
31.2
 
Section 302 Certification of Chief Financial Officer.
 
 
 
 
 
 
 
X
32.1
 
Section 906 Certification of Chief Executive Officer.
 
 
 
 
 
 
 
X
32.2
 
Section 906 Certification of Chief Financial Officer.
 
 
 
 
 
 
 
X
101.INS

 
XBRL Instance Document.**
 
10-K
 
9/15/2014
 
 
 
 
101.SCH
 
XBRL Taxonomy Extension Schema Document.**
 
10-K
 
9/15/2014
 
 
 
 
101.CAL

 
XBRL Taxonomy Extension Calculation Linkbase Document.**
 
10-K
 
9/15/2014
 
 
 
 
101.LAB
 
XBRL Taxonomy Extension Label Linkbase Document.**
 
10-K
 
9/15/2014
 
 
 
 
101.PRE

 
XBRL Taxonomy Extension Presentation Linkbase Document.**
 
10-K
 
9/15/2014
 
 
 
 

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Exhibit
Number
 
 
 
Incorporated by Reference
 
Filed
Herewith
Description of Document
 
Form
 
Filing
Date
 
Number
 
101.DEF
 
XBRL Taxonomy Extension Definition Linkbase Document**
 
10-K
 
9/15/2014
 
 
 
 
___________________
 *
Indicates management or board of directors contract or compensatory plan or arrangement.
**
Pursuant to Rule 406T of Regulation S-T, these interactive data files are furnished and not filed or a part of a registration statement or prospectus for purposes of sections 11 or 12 of the Securities Act of 1933, as amended; are deemed not filed for purposes of section 18 of the Securities Exchange Act of 1934, as amended; and otherwise are not subject to liability under these sections.

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