Ubiquiti Inc. — Director's Dealing 2012

May 14, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Ubiquiti Networks, Inc. (UBNT)
CIK: 0001511737
Period of Report: 2012-05-10

Reporting Person: Fitzgerald Charles James JR (Director, Indirect GP of 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-05-10	Common Stock	J	3000000	—	Disposed	17095543	Indirect
2012-05-10	Common Stock	J	31996	—	Acquired	31996	Direct
2012-05-10	Common Stock	G	15000	—	Disposed	16996	Direct
2012-05-10	Common Stock	J	16996	—	Disposed	0	Direct

Footnotes

F1: Represesnts shares acquired by Mr. Fitzgerald in the distribution. At the time of the distribution, Mr. Fitzgerald directed that 15,000 of the shares distributed to him be donated to certain charitable organizations and the remaining shares be contributed to the Summit Investment Holdings Trust solely in exchange for beneficial interest therein. Mr. Fitzgerald has no voting rights or control over the investment decisions made by Summit Investment Holdings Trust.

F2: Shares of Common Stock are held in the name of Summit Partners Private Equity Fund VII-A, L.P., Summit Partners Private Equity Fund VII-B, L.P., Summit Investors I, LLC and Summit Investors I (UK), L.P.

F3: Not Applicable

F4: Distribution to Partners.