Can person stay in USA during H1B Visa Extension (After i140 approval)?

[vipsinghal]

Hello All,
My H1B visa is expiring in Mid-July-2017, but i do have i140 approval (Approved in Mar-2017).
Now my employer has filed H1B Visa extension on regular processing.

Can i stay in USA after July-2017 as my H1B extension is due for approval?
Please suggest.

Thanks