To: The Phoenix who wrote (309 ) 10/21/1999 12:24:00 PM From: Mohan Marette Read Replies (1) | Respond to of 2249
Cerent officially withdraws IPO- See why 'this man' was seen laughing all the way to the bank. Gary: Damn,too bad 'cudda been a contender' you know.<vbg> Did you say you worked or works for Cerent (or was it somebody else who said that) and you never heard of Viond Khosla. ========================= On 10/21/99 CERENT CORP officially withdrew its IPO due to pending acquisition by Cisco Systems CERENT - Principal Shareholders PRINCIPAL STOCKHOLDERS The following table sets forth information regarding the beneficial ownership of our common stock as of June 30, 1999, by (a) each person or entity who is known by us to own beneficially more than 5% of our outstanding common stock, (b) each of the Named Executive Officers, (c) each of our directors and (d) all directors and executive officers of Cerent as a group. Name and Address of Percentage of Shares Beneficial Owner Number of Shares Beneficially Owned ------------------- Beneficially ---------------------------------------- Owned (1) Prior to the Offering After the Offering ---------------- --------------------- ------------------ Kleiner Perkins Caufield & Byers (2)............ 21,022,674 30.8% Norwest Venture Partners VI, LP (3)............. 7,589,673 11.4 Cisco Systems, Inc. (4).................... 6,000,000 9.0 Advanced Fibre Communications, Inc. (5).................... 3,671,178 5.5 Carl Russo (6).......... 3,453,078 5.2 Ajaib Bhadare (7)....... 1,586,250 2.4 Terry Brown (8)......... 525,000 * Tom Corker (9).......... 435,000 * Richard Roney (10)...... 600,000 * Vinod Khosla (11)....... 21,022,674 30.8 Kevin Compton (12)...... 21,022,674 30.8 Promod Haque (13)....... 7,589,673 11.4 Donald Green (14)....... 4,102,428 6.1 All directors and officers as a group (11 persons) (15)...... 61,736,777 87.6