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: CHUNG PETER Y (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	58736	—	Acquired	58736	Direct
2012-05-10	Common Stock	G	8000	—	Disposed	50736	Direct
2012-05-10	Common Stock	J	50736	—	Disposed	0	Direct

Footnotes

F1: Represents shares acquired by Mr. Chung in the distribution. At the time of the distribution, Mr. Chung directed that 8,000 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. Chung 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.