X0202 4 2004-05-25 0 0001091171 BLUE NILE INC NILE 0001007471 BESSEMER VENTURE PARTNERS IV LP 1865 PALMER AVENUE, SUITE 104 LARCHMONT NY 10538 0 0 1 0 0001007480 BURGIN WILLIAM T 1865 PALMER AVENUE, SUITE 104 LARCHMONT NY 10538 0 0 1 0 0001106653 BESSEC VENTURES IV LP 1865 PALMER AVENUE, SUITE 104 LARCHMONT NY 10538 0 0 1 0 0001007477 DEER IV & CO LLC 1865 PALMER AVENUE, SUITE 104 LARCHMONT NY 10538 0 0 1 0 0001204817 COWAN DAVID J/CA 1865 PALMER AVENUE, SUITE 104 LARCHMONT NY 10538 0 0 1 0 0001181553 GABRIELI CHRISTOPHER 1865 PALMER AVENUE, SUITE 104 LARCHMONT NY 10538 0 0 1 0 0001007484 HARDYMON G FELDA 1865 PALMER AVENUE, SUITE 104 LARCHMONT NY 10538 0 0 1 0 Common Stock 2004-05-25 4 C 0 831121 A 831121 D Common Stock 2004-05-25 4 C 0 554080 A 554080 D Common Stock 2004-05-25 4 C 0 98952 A 98952 D Common Stock 2004-05-25 4 C 0 65968 A 65968 D Common Stock 2004-05-25 4 C 0 160947 A 160947 D Common Stock 2004-05-25 4 C 0 107298 A 107298 D Common Stock 2004-05-25 4 C 0 42321 A 42321 D Common Stock 2004-05-25 4 C 0 28214 A 28214 D Common Stock 2004-05-25 4 C 0 581532 A 581532 D Common Stock 2004-05-25 4 C 0 387688 A 387688 D Common Stock 2004-05-25 4 S 0 149187 20.50 D 1565686 D Common Stock 2004-05-25 4 S 0 99457 20.50 D 1043791 D Series A Preferred Stock 2004-05-25 4 C 0 800000 D Common Stock 831121 0 D Series A Preferred Stock 2004-05-25 4 C 0 533333 D Common Stock 554080 0 D Series B Preferred Stock 2004-05-25 4 C 0 88235 D Common Stock 98952 0 D Series B Preferred Stock 2004-05-25 4 C 0 58823 D Common Stock 65968 0 D Series C Preferred Stock 2004-05-25 4 C 0 125748 D Common Stock 160947 0 D Series C Preferred Stock 2004-05-25 4 C 0 83832 D Common Stock 107298 0 D Series D Preferred Stock 2004-05-25 4 C 0 32967 D Common Stock 42321 0 D Series D Preferred Stock 2004-05-25 4 C 0 21978 D Common Stock 28214 0 D Series E Preferred Stock 2004-05-25 4 C 0 581532 D Common Stock 581532 0 D Series E Preferred Stock 2004-05-25 4 C 0 387688 D Common Stock 387688 0 D Shares are held by Bessemer Venture Partners IV L.P. ("BVP IV"). Deer IV & Co.,LLC ("Deer IV"), the general partner of BVP IV, and William T. Burgin, David J. Cowan, Christopher F. O. Gabrieli and G. Felda Hardymon, the managing members of Deer IV, may be deemed to share voting and dispositive power over the shares held by BVP IV. Such persons and entities disclaim beneficial ownership of shares held by BVP IV except to the extent of any pecuniary interest therein. Shares are held by Bessec Ventures IV L.P. ("Bessec IV"). Deer IV, the general partner of Bessec IV, and William T. Burgin, David J. Cowan, Christopher F. O. Gabrieli and G. Felda Hardymon, the managing members of Deer IV, may be deemed to share voting and dispositive power over the shares held by Bessec IV. Such persons and entities disclaim beneficial ownership of shares held by Bessec IV except to the extent of any pecuniary interest therein. All of the outstanding shares of the Issuer's Series A Preferred Stock automatically converted to Common Stock of the Issuer upon the closing of the Issuer's initial public offering. All of the outstanding shares of the Issuer's Series B Preferred Stock automatically converted to Common Stock of the Issuer upon the closing of the Issuer's initial public offering. All of the outstanding shares of the Issuer's Series C Preferred Stock automatically converted to Common Stock of the Issuer upon the closing of the Issuer's initial public offering. All of the outstanding shares of the Issuer's Series D Preferred Stock automatically converted to Common Stock of the Issuer upon the closing of the Issuer's initial public offering. All of the outstanding shares of the Issuer's Series E Preferred Stock automatically converted to Common Stock of the Issuer upon the closing of the Issuer's initial public offering. Represent shares of Common Stock sold to the underwriters of the Issuer's initial public offering. Immediately. Not applicable. /s/ J. Edmund Colloton, Manager of Deer IV & Co. LLC, the general partner of the Reporting Person 2004-05-25