CISCO SYSTEMS, INC. — Director's Dealing 2013

Nov 15, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MAVENIR SYSTEMS INC (MVNR)
CIK: 0001361470
Period of Report: 2013-11-13

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-11-13	Common Stock	C	898284	—	Acquired	898284	Direct
2013-11-13	Common Stock	C	136885	—	Acquired	1035169	Direct
2013-11-13	Common Stock	C	100776	—	Acquired	1135945	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-11-13	Series C Preferred Stock	$	C	6287989	Disposed		Common Stock (898284)	Direct
2013-11-13	Series D Preferred Stock	$	C	958195	Disposed		Common Stock (136885)	Direct
2013-11-13	Series E Preferred Stock	$	C	705436	Disposed		Common Stock (100776)	Direct

Footnotes

F1: On November 13, 2013, each share of Series C Preferred Stock automatically converted into one-seventh of one share of Issuer's Common Stock for no additional consideration, after giving effect to a 1-for-7 reverse stock split effected by the Issuer immediately prior to the closing of the Issuer's initial public offering of Common Stock. The Series C Preferred Stock had no expiration date.

F2: On November 13, 2013, each share of Series D Preferred Stock automatically converted into one-seventh of one share of Issuer's Common Stock for no additional consideration, after giving effect to 1-for-7 reverse stock split effected by the Issuer immediately prior to the closing of the Issuer's initial public offering of Common Stock. The Series D Preferred Stock had no expiration date.

F3: On November 13, 2013, each share of Series E Preferred Stock automatically converted into one-seventh of one share of Issuer's Common Stock for no additional consideration, after giving effect to a 1-for-7 reverse stock split effected by the Issuer immediately prior to the closing of the Issuer's initial public offering of Common Stock. The Series E Preferred Stock had no expiration date.

F4: 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.