X0202 3 2005-09-21 0 0001219210 IKANOS COMMUNICATIONS IKAN 0001201421 GOGUEN MICHAEL L C/O SEQUOIA CAPITAL 3000 SAND HILL RD BLDG 4 #180 MENLO PARK CA 94025 1 0 1 0 Series A Preferred Stock Common Stock 135805 I See footnote Series B Preferred Stock Common Stock 308939 I See footnote Series C Preferred Stock Common Stock 543325 I See footnote Series D Preferred Stock Common Stock 1762826 I See footnote Series E Preferred Stock Common Stock 299129 I See footnote Each share of Series A Convertible Preferred Stock is immediately convertible into 1 share of Common Stock. Not applicable. Includes 125,875 shares held by Sequoia Capital VIII ("Sequoia VIII"), 1,597 shares held by Sequoia International Technology Partners VIII ("Sequoia ITP VIII") and 8,333 shares held by Sequoia International Technology Partners VIII (Q) ("Sequoia ITP VIII (Q)"). Mr. Goguen is a Managing Member of SC VIII Management, LLC, the general partner of Sequoia VIII, Sequoia ITP VIII and Sequoia ITP VIII (Q) and disclaims beneficial ownership of the shares except to the extent of his pecuniary interest therein. Each share of Series B Convertible Preferred Stock is immediately convertible into 1 share of Common Stock. Includes 286,851 shares held by Sequoia VIII, 3,552 shares held by Sequoia ITP VIII and 18,536 shares held by Sequoia ITPVIII (Q). Mr. Goguen disclaims beneficial ownership of the shares except to the extent of his pecuniary interest therein. Each share of Series C Convertible Preferred Stock is immediately convertible into 1 share of Common Stock. Includes 504,478 shares held by Sequoia VIII, 6,248 shares held by Sequoia ITP VIII and 32,599 shares held by Sequoia ITPVIII (Q). Mr. Goguen disclaims beneficial ownership of the shares except to the extent of his pecuniary interest therein. Each share of Series D Convertible Preferred Stock is immediately convertible into 1 share of Common Stock. Includes 1,062,017 shares held by Sequoia VIII, 13,153 shares held by Sequoia ITP VIII, 68,627 shares held by Sequoia ITPVIII (Q), 544,746 shares held by Sequoia Capital Franchise Fund ("Sequoia FF") and 74,283 shares held by Sequoia Capital Franchise Partners ("Sequoia CFP"). Mr. Goguen is a Managing Member of SCFF Management, LLC, the general partner of Sequoia FF and Sequoia CFP and disclaims beneficial ownership of the shares except to the extent of his pecuniary interest therein. Each share of Series E Convertible Preferred Stock is immediately convertible into 1 share of Common Stock. Includes 180,211 shares held by Sequoia VIII, 2,232 shares held by Sequoia ITP VIII, 11,645 shares held by Sequoia ITPVIII (Q), 92,436 shares held by Sequoia FF and 12,605 shares held by Sequoia CFP. Mr. Goguen disclaims beneficial ownership of the shares except to the extent of his pecuniary interest therein. /s/ Michael L. Goguen 2005-09-21