X0306 4 2015-09-28 1 0001219210 IKANOS COMMUNICATIONS, INC. IKAN 0001592611 Tallwood Partners, LLC C/O TALLWOOD VENTURE CAPITAL 3000 SAND HILL ROAD, BLDG 3, STE 240 MENLO PARK CA 94025 0 0 1 0 0001347680 TALLWOOD III L P C/O TALLWOOD VENTURE CAPITAL 3000 SAND HILL ROAD, BLDG. 3, SUITE 240 MENLO PARK CA 94025 0 0 1 0 0001347747 TALLWOOD III PARTNERS L P C/O TALLWOOD VENTURE CAPITAL 3000 SAND HILL ROAD, BLDG. 3, SUITE 240 MENLO PARK CA 94025 0 0 1 0 0001357894 Tallwood III Associates LP C/O TALLWOOD VENTURE CAPITAL 3000 SAND HILL ROAD, BLDG. 3, SUITE 240 MENLO PARK CA 94025 0 0 1 0 0001427347 TALLWOOD III ANNEX LP C/O TALLWOOD VENTURE CAPITAL 3000 SAND HILL ROAD, BLDG. 3, SUITE 240 MENLO PARK CA 94025 0 0 1 0 0001470833 Tallwood III Management LLC C/O TALLWOOD VENTURE CAPITAL 3000 SAND HILL ROAD, BLDG. 3, SUITE 240 MENLO PARK CA 94025 0 0 1 0 0001470838 Tallwood III Annex Management LLC C/O TALLWOOD VENTURE CAPITAL 3000 SAND HILL ROAD, BLDG. 3, SUITE 240 MENLO PARK CA 94025 0 0 1 0 Common Stock 2015-09-28 4 U 0 8449449 2.75 D 0 I See Footnotes Common Stock 2015-09-28 4 U 0 200000 2.75 D 0 I See Footnotes All share amounts reported herein reflect the 1-for-10 reverse split of the Issuer's outstanding common stock that was effective on February 13, 2015. Tallwood III Annex, L.P. ("Tallwood III Annex") Tallwood III, L.P. ("Tallwood III"), Tallwood III Partners, L.P. ("Tallwood III Partners"), Tallwood III Associates, L.P. ("Tallwood III Associates" and, together with Tallwood III Annex, Tallwood III and Tallwood III Partners, the "Tallwood Funds") directly own 1,818,789, 5,845,193, 740,180 and 45,287 shares of Common Stock of the Company, respectively. Tallwood Partners, LLC ("Partners") is the direct owner of 200,000 shares of Common Stock of the Company. The Banatao Living Trust DTD 7/21/99 ("Trust") is the managing member of Partners. (Continued in Footnote 3.) Tallwood III Management, LLC is the general partner of Tallwood III, Tallwood III Partners and Tallwood III Associates, and Tallwood Annex Management ("Tallwood Annex Management") is the general partner of Tallwood III Annex. Tallwood Management and Tallwood Annex Management may be deemed to have shared beneficial ownership of the securities held by the Tallwood Funds. Each of Luis Arzubi, Diosdado Banatao and George Pavlov is a managing member of Tallwood Management and Tallwood Annex Management, and may be deemed to have shared beneficial ownership of the securities reported herein. Each person or entity named in this footnote disclaims beneficial ownership of these securities, except to the extent of his or its pecuniary interest therein. The filing of this statement shall not be deemed an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, any person or entity named in this footnote is the beneficial owner of these securities. /s/ Natasha Skok, as Atty-in-Fact for Tallwood III Management, LLC as General Partner for Tallwood III, L.P. 2015-09-29 /s/ Nataska Skok, as Atty-in-Fact for Tallwood III Annex Management, LLC as General Partner for Tallwood III Annex, L.P. 2015-09-29 /s/ Natasha Skok, as Atty-in-Fact for Tallwood III Management LLC as General Partner for Tallwood III Associates. L.P. 2015-09-29 By: /s/ Natasha Skok, as Atty-in-Fact for Tallwood III Management, LLC as General Partner for Tallwood III Partners, L.P. 2015-09-29 By: /s/ Natasha Skok, as Atty-in-Fact for Tallwood III Management, LLC 2015-09-29 By: /s/ Natasha Skok, as Atty-in-Fact for Tallwood III Annex Management, LLC 2015-09-29 By: /s/ Diosdado P. Banatao, trustee of the Banatao Living Trust DTD 7/21/99, Managing Member of Tallwood Partners, LLC 2015-09-29