X0202 3 2008-01-24 0 0001410471 IPC The Hospitalist Company, Inc. IPCM 0001007471 BESSEMER VENTURE PARTNERS IV LP 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 C/O BESSEMER VENTURE PARTNERS 1865 PALMER AVENUE, SUITE 104 LARCHMONT NY 10538 0 0 1 0 0001424881 Bessemer Venture Investors L.P. 1865 PALMER AVENUE, SUITE 104 LARCHMONT NY 10538 0 0 1 0 Series A Convertible Preferred Stock Common Stock 2166438 D Series A Convertible Preferred Stock Common Stock 354295 D Series A Convertible Preferred Stock Common Stock 1376522 D Series B Convertible Preferred Stock Common Stock 1937778 D Series B Convertible Preferred Stock Common Stock 1294921 D Series C Convertible Preferred Stock Common Stock 1445170 D Series C Convertible Preferred Stock Common Stock 963447 D Series D Convertible Preferred Stock Common Stock 1068883 D Series D Convertible Preferred Stock Common Stock 712589 D Warrants (right to buy) 0.842 2000-12-15 2008-04-07 Series C Convertible Preferred Stock 285036 D Warrants (right to buy) 0.842 2000-12-15 2008-04-07 Series C Convertible Preferred Stock 190024 D Warrants (right to buy) 0.842 2002-10-07 2008-04-07 Series D Convertible Preferred Stock 213777 D Warrants (right to buy) 0.842 2002-10-07 2008-04-07 Series D Convertible Preferred Stock 142517 D The convertible preferred stock is convertible at any time, at the holder's election, and has no expiration date. The shares will automatically convert to common stock immediately prior to the closing of the issuer's initial public offering, which is estimated to occur on or about January 30, 2008. Each share of preferred stock is expected to convert into 0.15625 shares of the issuer's common stock. These securities are held by Bessemer Venture Partners IV L.P. (BVP IV). Deer IV & Co. LLC is the general partner of each of BVP IV, Bessemer Venture Investors L.P. ("BVI") and Bessec Ventures IV L.P. ("Bessec IV") (together, the "BVP Funds") and may be deemed to have a beneficial interest in the securities held by the BVP Funds. The voting and investment power with respect to these securities is vested in the managing members of Deer IV & Co. LLC, consisting of William T. Burgin, David J. Cowan, Christopher F.O. Gabrieli and G. Felda Hardymon. Deer IV & Co. LLC disclaims beneficial ownership of such securities, except to the extent of its pecuniary interest therein. These securities are held by BVI. These securities are held by Bessec IV. /s/ J. Edmund Colloton, Chief Operating Officer of Deer IV & Co. LLC, its general partner 2008-01-24 By: /s/ J. Edmund Colloton, Chief Operating Officer of Deer IV & Co. LLC, its general partner 2008-01-24 /s/ J. Edmund Colloton, Chief Operating Officer 2008-01-24 /s/ J. Edmund Colloton, Chief Operating Officer of Deer IV & Co. LLC, its general partner 2008-01-24