X0206 3 2012-11-15 0 0001294016 RUCKUS WIRELESS INC RKUS 0001559554 Lo Selina Y C/O RUCKUS WIRELESS, INC. 350 WEST JAVA DRIVE SUNNYVALE CA 94089 1 1 0 0 President, CEO Common Stock 97699 I By The Lo 1999 Family Trust f/b/o Grant Gah-Yun Martin Common Stock 97699 I By The Lo 1999 Family Trust f/b/o Kwun Man Lo Common Stock 97699 I By The Lo 1999 Family Trust f/b/o Kyle Paht-Yun Martin Common Stock 11100 I By The Sean Martin 2003 Irrevocable Trust Common Stock 16099 I By The Amy Lo 2004 Irrevocable Trust Common Stock 2035627 I By Selina Lo, Trustee of Selina Y. Lo Trust U/T/D 7/22/97 Stock Option (Right to Buy) 0.43 2018-01-17 Common Stock 1754904 D Stock Option (Right to Buy) 0.82 2019-11-22 Common Stock 700000 D Stock Option (Right to Buy) 5.71 2022-06-18 Common Stock 2250000 D Series A-1 Convertible Preferred Stock 0.2267 Common Stock 1109026 I By Selina Lo, Trustee of Selina Y. Lo Trust U/T/D 7/22/97 Series B Convertible Preferred Stock 0.49 Common Stock 163265 I By Selina Lo, Trustee of Selina Y. Lo Trust U/T/D 7/22/97 Series C Convertible Preferred Stock 1.15 Common Stock 14992 I By Selina Lo, Trustee of Selina Y. Lo Trust U/T/D 7/22/97 Series E Convertible Preferred Stock 1.82 Common Stock 28921 I By Selina Lo, Trustee of Selina Y. Lo Trust U/T/D 7/22/97 Consists of 97,699 shares of common stock held by The Lo 1999 Family Trust f/b/o Grant Gah-Yun Martin. The Reporting Person is a Trustee of The Lo 1999 Family Trust f/b/o Grant Gah-Yun Martin. Consists of 97,699 shares of common stock held by The Lo 1999 Family Trust f/b/o Kwun Man Lo. The Reporting Person is a Trustee of The Lo 1999 Family Trust f/b/o Kwun Man Lo. Consists of 97,699 shares of common stock held by The Lo 1999 Family Trust f/b/o Kyle Paht-Yun Martin. The Reporting Person is a Trustee of The Lo 1999 Family Trust f/b/o Kyle Paht-Yun Martin. Consists of 11,100 shares of common stock held by The Sean Martin 2003 Irrevocable Trust. The Reporting Person is a Trustee of The Sean Martin 2003 Irrevocable Trust. Consists of 16,099 shares of common stock held by The Amy Lo 2004 Irrevocable Trust. The Reporting Person is a Trustee of The Amy Lo 2004 Irrevocable Trust. Consists of 2,035,627 shares of common stock held by Selina Lo, Trustee of Selina Y. Lo Trust U/T/D 7/22/97. The Reporting Person is a Trustee of The Selina Y. Lo Trust U/T/D 7/22/97. The Option is fully vested as of January 1, 2012. The Option shares shall vest as follows: 1/48th of the shares subject to such option shall vest each month after November 23, 2009, provided however, if within 12 months following a Corporate Transaction (as defined in the 2002 Stock Plan), Reporting Person (a) is terminated without Cause (as defined in the 2002 Stock Plan) or (b) terminates her employment for Good Cause (as defined in the 2002 Stock Plan), 50% of the then unvested shares shall immediately become fully vested, subject to Reporting Person's Continuous Service (as defined in the Issuer's 2002 Stock Plan) as of each such date. The Option shares shall vest as follows: 1/48th of the shares subject to such option shall vest each month after January 1, 2012, provided however, if within twelve (12) months following a Corporate Transaction (as defined in the 2012 Equity Incentive Plan), Reporting Person (a) is terminated without Cause (as defined in the 2012 Equity Incentive Plan) or (b) terminates her employment for Good Cause (as defined in the 2012 Equity Incentive Plan), fifty percent (50%) of the then unvested shares shall immediately become fully vested, subject to Reporting Person's Continous Service (as defined in the Issuer's 2012 Equity Incentive Plan) as of each such date. Immediately convertible into shares of the Issuer's common stock at Reporting Person's election. The shares will automatically convert into 1,109,026 shares of the Issuer's common stock immediately upon the closing of a Qualified IPO (as defined in the Issuer's Amended and Restated Certificate of Incorporation, as filed with the Delaware Secretary of State on February 3, 2012). The shares do not have an expiration date. The shares will automatically convert into 163,265 shares of the Issuer's common stock immediately upon the closing of a Qualified IPO. The shares will automatically convert into 14,992 shares of the Issuer's common stock immediately upon the closing of a Qualified IPO. The shares will automatically convert into 28,921 shares of the Issuer's common stock immediately upon the closing of a Qualified IPO. /s/ Scott R. Maples, as attorney-in-fact 2012-11-15