SEC Form 4

FORM 4		UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person* PATTERSON ARTHUR C (Last) (First) (Middle) C/O ACCEL PARTNERS 428 UNIVERSITY AVENUE (Street) PALO ALTO CA 94301 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol IPASS INC [ IPAS ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X Director X 10% Owner Officer (give title below) Other (specify below)
	3. Date of Earliest Transaction (Month/Day/Year) 02/09/2004
	4. If Amendment, Date of Original Filed (Month/Day/Year)	6. Individual or Joint/Group Filing (Check Applicable Line) Form filed by One Reporting Person X Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/09/2004		J		1,672,802	D	$0	5,018,408	I	Held by Accel V L.P.(1)(2)
Common Stock	02/09/2004		J		196,901	D	$0	590,702	I	Held by Accel Internet/Strategic Fund L.P.(1)(3)
Common Stock	02/09/2004		J		29,171	D	$0	87,512	I	Held by Accel Keiretsu V, L.P.(1)(4)
Common Stock	02/09/2004		J		87,511	D	$0	262,533	I	Held by Accel Investors '96 LP(1)(5)
Common Stock	02/09/2004		J		6,409	D	$0	0	I	Held by Accel Meritech Investors L.P.
Common Stock	02/09/2004		J(6)		81,928	A	$0	81,928	I	Held by ACP Family Partnership, L.P.(1)(7)
Common Stock	02/09/2004		J(8)		15,468	A	$0	15,468	D
Common Stock								160,439	I	Held by Ellmore C. Patterson Partners(1)(9)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

1. Name and Address of Reporting Person* PATTERSON ARTHUR C (Last) (First) (Middle) C/O ACCEL PARTNERS 428 UNIVERSITY AVENUE (Street) PALO ALTO CA 94301 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer X Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* ACP FAMILY PARTNERSHIP LP (Last) (First) (Middle) C/O ACCEL PARTNERS 428 UNIVERSITY AVENUE (Street) PALO ALTO CA 94301 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

Explanation of Responses:

1. Reporting person disclaims beneficial ownership of the shares, for the purposes of Section 16 or for any other purpose, owned by the referenced entities except to the extent of his pecuniary interest therein.

2. Shares are owned directly by Accel V L.P. ("A5"). The general partner of A5 is Accel V Associates L.L.C., the Managing Members of which are Arthur C. Patterson, ACP Family Partnership, of which Arthur C. Patterson is the general partner, James R. Swartz, James W. Breyer, Eugene D. Hill, Homestake Partners, L.P., of which James R. Swartz is the general partner, Luke B. Evnin and J. Peter Wagner.

3. Shares are owned directly by Accel Internet/Strategic Technology Fund L.P. ("AISTF"), which is a member of a group with the other joint filers for purposes of Section 13(d) of the Exchange Act . The general partner of AISTF is Accel Internet/Strategic Technology Fund Associates L.L.C., the Managing Members of which are Arthur C. Patterson, ACP Family Partnership, of which Arthur C. Patterson is the general partner, James R. Swartz, James W. Breyer, Eugene D. Hill, Homestake Partners, L.P., of which James R. Swartz is the general partner, Luke B. Evnin and J. Peter Wagner.

4. Shares are owned by Accel Keiretsu V L.P. ("AK5"), which is a member of a group with the other joint filers for purposes of Section 13(d) of the Exchange Act. The general partner of AK5 is Accel Keiretsu V Associates LLC ("AK5A"). The general partners of AK5A are Arthur C. Patterson, James R. Swartz and James W. Breyer.

5. Shares are owned by Accel Investors ?96 L.P. ("AI96"), which is a member of a group with the other joint filers for purposes of Section 13(d) of the Exchange Act. The general partners of AI96 are Arthur C. Patterson, James R. Swartz, James W. Breyer, Luke B. Evnin, Eugene D. Hill and J. Peter Wagner.

6. Pro rata distribution of 73,300 shares from A5 and 8,628 shares from AISTF. No consideration was paid in connection with the acquisition of the shares.

7. Shares are owned directly by ACP Family Partnership, L.P. ("ACPP"). The general partner of ACPP is Arthur C. Patterson.

8. Pro rata distribution of 1,490 shares from Accel Meritech Investors L.P., 9,802 shares from AI96, 522 from AK5, 385 shares from AIST and 3,269 shares from A5. No consideration was paid in connection with the acquisition of the shares.

9. Shares are owned directly by Ellmore C. Patterson Partners ("ECPP"). The general partner of ECPP is Arthur C. Patterson.

Remarks:

	/s/ Tracy L. Sedlock, Attorney in Fact	02/11/2004
	Tracy L. Sedlock as Attorney in Fact for ACP Family Partnership L.P.	02/11/2004
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
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