X0202 4 2007-06-12 0 0001219210 IKANOS COMMUNICATIONS IKAN 0001201421 GOGUEN MICHAEL L C/O SEQUOIA CAPITAL, 3000 SAND HILL ROAD BLDG 4, #180 MENLO PARK CA 94025 1 0 0 0 Director Stock Option (Right to buy) 7.16 2007-06-12 4 A 0 12000 0 A 2017-06-12 Common Stock 12000 12000 D The option becomes exercisable at the rate of 1/12th of the shares each month following the date of grant. The option is directly owned by the Reporting Person. The Reporting Person is a Managing Member of SC VIII Management, LLC, the general partner of Sequoia Capital VIII ("Sequoia VIII"), Sequoia International Technology Partners VIII ("Sequoia ITP VIII") and Sequoia International Technology Partners VIII (Q) ("Sequoia ITP VIII (Q)"). The Reporting Person is also a Managing Member of SCFF Management, LLC, the general partner of Sequoia Capital Franchise Fund ("Sequoia FF") and Sequoia Capital Franchise Partners ("Sequoia CFP"). Sequoia VIII, Sequoia ITP VIII, Sequoia ITP VIII (Q), Sequoia FF and Sequoia CFP directly own 2,159,432 shares, 26,782 shares, 139,740 shares, 637,182 shares, and 86,888 shares, respectively, of the Issuer's common stock (collectively, the "Sequoia Shares"). The Reporting Person disclaims beneficial ownership of the Sequoia Shares except to the extent of his pecuniary interest therein. Michael L. Goguen 2007-06-19