CISCO SYSTEMS, INC. — Director's Dealing 2013

Nov 6, 2013

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: MAVENIR SYSTEMS INC (MVNR)
CIK: 0001361470
Period of Report: 2013-11-06

Reporting Person: Cisco Systems International B.V. (10% Owner)
Reporting Person: CISCO SYSTEMS, INC. (10% Owner)

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Series C Preferred Stock	$		Common Stock (6287989)		Direct
Series D Preferred Stock	$		Common Stock (958195)		Direct
Series E Preferred Stock	$		Common Stock (705436)		Direct
Series C Preferred Stock Warrant (Right to Buy)	$0.9542	2015-10-29	Common Stock (6287989)		Direct

Footnotes

F1: Each share of Series C Preferred Stock is convertible at any time into one share of Issuer's Common Stock for no additional consideration. Each such share will automatically convert into one-seventh of one share of Issuer's Common Stock immediately prior to the closing of the Issuer's initial public offering of Common Stock. The Series C Preferred Stock does not have an expiration date.

F2: Number of shares and exercise price do not reflect a seven-for-one reverse stock split to be effected by the Issuer immediately prior to the closing of the Issuer's initial public offering of Common Stock.

F3: Each share of Series D Preferred Stock is convertible at any time into one share of Issuer's Common Stock for no additional consideration Each such share will automatically convert into one-seventh of one share of Issuer's Common Stock immediately prior to the closing of the Issuer's initial public offering of Common Stock. The Series D Preferred Stock does not have an expiration date.

F4: Each share of Series E Preferred Stock is convertible at any time into one share of Issuer's Common Stock for no additional consideration. Each such share will automatically convert into one-seventh of one share of Issuer's Common Stock immediately prior to the closing of the Issuer's initial public offering of Common Stock. The Series E Preferred Stock does not have an expiration date.

F5: The reported warrant is currently exercisable for 6,287,989 shares of the Issuer's Series C Preferred Stock. Upon the closing of the Issuer's initial public offering of Common Stock, all outstanding shares of Series C Preferred Stock will automatically convert into Common Stock after giving effect to a 1-for-7 reverse stock split, and the reported warrant will by its terms become exercisable for 898,284 shares of the Issuer's Common Stock.

F6: The warrant exercise price has not been adjusted to give effect to the Issuer's seven-for-one reverse stock split to be effected immediately prior to the closing of the Issuer's initial public offering of Common Stock.

F7: Cisco Systems International B.V. (Cisco International B.V.) directly beneficially owns the reported securities. Cisco Systems, Inc. (Cisco) indirectly owns 100% of the outstanding securities of Cisco International B.V. and as such may be deemed to be an indirect beneficial owner of the reported securities. Except to the extent of any indirect pecuniary interest therein, Cisco disclaims beneficial ownership of the securities beneficially owned by Cisco International B.V.