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
X
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*
Sigma Management 7, L.L.C.

(Last) (First) (Middle)
2105 S. BASCOM AVE., SUITE 370

(Street)
CAMPBELL CA 95008

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
DOCUSIGN INC [ DOCU ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
09/18/2018
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 09/18/2018 S 1,304,348(1) D $55 15,121,036 I See footnote(2)(3)(4)
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*
Sigma Management 7, L.L.C.

(Last) (First) (Middle)
2105 S. BASCOM AVE., SUITE 370

(Street)
CAMPBELL CA 95008

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Sigma Associates 7, L.P.

(Last) (First) (Middle)
2105 S. BASCOM AVE., SUITE 370

(Street)
CAMPBELL CA 95008

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Sigma Investors 7, L.P.

(Last) (First) (Middle)
2105 S. BASCOM AVE., SUITE 370

(Street)
CAMPBELL CA 95008

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Sigma Management 8, L.L.C.

(Last) (First) (Middle)
2105 S. BASCOM AVE., SUITE 370

(Street)
CAMPBELL CA 95008

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Sigma Partners 7, L.P.

(Last) (First) (Middle)
2105 S. BASCOM AVE., SUITE 370

(Street)
CAMPBELL CA 95008

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Sigma Associates 8, L.P.

(Last) (First) (Middle)
2105 S. BASCOM AVE., SUITE 370

(Street)
CAMPBELL CA 95008

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Sigma Investors 8, L.P.

(Last) (First) (Middle)
2105 S. BASCOM AVE., SUITE 370

(Street)
CAMPBELL CA 95008

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Sigma Partners 8 LP

(Last) (First) (Middle)
2105 S. BASCOM AVE., SUITE 370

(Street)
CAMPBELL CA 95008

(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. Represents 1,096,238 shares sold by Sigma Partners 7, LP., 68,936 shares sold by Sigma Associates 7, L.P., 12,785 shares sold by Sigma Investors 7, L.P., 120,681 shares sold by Sigma Partners 8, L.P., 4,411 shares sold by Sigma Associates 8, L.P. and 1,297 shares sold by Sigma Investors 8, L.P.
2. Includes 55,251 shares held by Jackson Square Ventures I, L.P. and 3,342 shares held by Jackson Square Associates I, L.P. Jackson Square Ventures, LLC is the managing member of Jackson Square Associates I, L.P. and Jackson Square Ventures I, L.P. and has sole voting and dispositive power over the shares held by Jackson Square Ventures I, L.P. and Jackson Square Associates I, L.P. Peter Solvik, Josh Breinlinger, Gregory Gretsch and Robert Spinner as managing members of Jackson Square Ventures, LLC, share this power.
3. Includes 12,609,964 shares held by Sigma Partners 7, L.P., 792,960 shares held by Sigma Associates 7, L.P. and 147,071 shares held by Sigma Investors 7, L.P. Sigma Management 7, L.L.C. is the general partner of Sigma Associates 7, L.P., Sigma Investors 7, L.P. and Sigma Partners 7, L.P. (collectively, the "Sigma 7 Funds"). Sigma Management 7, L.L.C. has sole voting and investment power. Robert Davoli, Fahri Diner, Lawrence G. Finch, Gregory Gretsch, John Mandile, Peter Solvik, Robert Spinner and Wade Woodson, as managing members of Sigma Management 7, L.L.C., share this power.
4. Includes 1,444,396 shares held by Sigma Partners 8, L.P., 52,536 shares held by Sigma Associates 8, L.P. and 15,516 shares held by Sigma Investors 8, L.P. Sigma Management 8, L.L.C. is the general partner of Sigma Associates 8, L.P., Sigma Investors 8, L.P. and Sigma Partners 8, L.P. (collectively, the "Sigma 8 Funds"). Sigma Management 8, L.L.C. has sole voting and investment power. Robert Davoli, Fahri Diner, Paul Flanagan, Gregory Gretsch, John Mandile, Peter Solvik, Robert Spinner and Wade Woodson, as managing members of Sigma Management 8, L.L.C., share this power.
Remarks:
/s/ Gregory Gretsch, Managing Member 09/18/2018
/s/ Gregory Gretsch, Managing Member of General Partner 09/18/2018
/s/ Gregory Gretsch, Managing Member of General Partner 09/18/2018
/s/ Gregory Gretsch, Managing Member 09/18/2018
/s/ Gregory Gretsch, Managing Member of General Partner 09/18/2018
/s/ Gregory Gretsch, Managing Member of General Partner 09/18/2018
/s/ Gregory Gretsch, Managing Member of General Partner 09/18/2018
/s/ Gregory Gretsch, Managing Member of General Partner 09/18/2018
** 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).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.