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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1160958	Inphi Corp	IPHI	Semiconductors & Related Devices (3674)	770557980

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1134607	P Diosdado Banatao	C/O Tallwood Venture Capital 3000 Sand Hill Road, Bldg 3, Suite 240 Menlo Park CA 94025		Yes	No	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2012-08-31	21,797	$11.86	565,929	No	4	S	Indirect	By Tallwood Partners, LLC

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	By Tallwood Partners, LLC

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	13,427	Direct
Common Stock	765,739	Indirect	By Tallwood I, L.P.
Common Stock	243,384	Indirect	By Banatao Living Trust DTD 7/21/99
Common Stock	25,909	Indirect	By Tallwood Management Co., LLC

Footnotes

The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
Represents the weighted average sales price for a number of sale transactions effected at prices ranging from $11.65 to $12.07. The Reporting Person has provided to the issuer, and undertakes to provide upon request by the SEC staff, or any security holder of the issuer, information regarding the number of shares sold at each separate price within the range.
The Reporting Person is the managing member of Tallwood Management Co. LLC, which is the general partner of Tallwood I, L.P. The Banatao Living Trust DTD 7/21/99 directly or indirectly holds 100% of the membership interests in Tallwood Management Co. LLC and Tallwood Partners, LLC. The Reporting Person, as a trustee of the Banatao Living Trust, hold shared voting and dispositive power over the securities held by these funds. The Reporting Person, as trustee of the Banatao Living Trust DTD 7/21/99, holds shared voting and dispositive power of the securities held by these trusts.The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of any pecuniary interest therein.