DOCUSIGN, INC. — Director's Dealing 2018

May 3, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DOCUSIGN INC (DOCU)
CIK: 0001261333
Period of Report: 2018-05-01

Reporting Person: Salem Enrique T (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-05-01	Common Stock	M	18498	—	Acquired	18498	Indirect
2018-05-01	Common Stock	M	5541	—	Acquired	24039	Indirect
2018-05-01	Common Stock	M	1916890	—	Acquired	1940929	Indirect
2018-05-01	Common Stock	M	343417	—	Acquired	2284346	Indirect
2018-05-01	Common Stock	M	3011559	—	Acquired	5295905	Indirect
2018-05-01	Common Stock	M	89811	—	Acquired	89811	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-05-01	Redeemable Convertible Series B Preferred Stock	$	M	18498	Disposed		Common Stock (18498)	Indirect
2018-05-01	Redeemable Convertible Series B-1 Preferred Stock	$	M	5541	Disposed		Common Stock (5541)	Indirect
2018-05-01	Redeemable Convertible Series D Preferred Stock	$	M	1916890	Disposed		Common Stock (1916890)	Indirect
2018-05-01	Redeemable Convertible Series E Preferred Stock	$	M	343417	Disposed		Common Stock (343417)	Indirect
2018-05-01	Redeemable Convertible Series F Preferred Stock	$	M	3011559	Disposed		Common Stock (3011559)	Indirect
2018-05-01	Redeemable Convertible Series D Preferred Stock	$	M	89811	Disposed		Common Stock (89811)	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	57111	Direct

Footnotes

F1: These shares of redeemable convertible preferred stock automatically converted into shares of Common Stock on a 1-for-1 basis immediately upon the closing of the Issuer's initial public offering. These shares of redeemable convertible preferred stock had no expiration date.

F2: Represents securities of the Issuer held directly by Bain Capital Venture Fund 2012, L.P., Bain Capital Venture Fund 2014, L.P., Bain Capital Venture Coinvestment Fund, L.P., BCIP Venture Associates, BCIP Venture Associates-B, BCIP Venture Associates II, LP and BCIP Venture Associates II-B, LP, (collectively, the "Bain Venture Entities").

F3: The governance, investment strategy and decision-making process with respect to the investments held by the Bain Venture Entities is directed by the Executive Committee of Bain Capital Venture Investors, LLC ("BCVI"). Mr. Salem is a Managing Director of BCVI. By virtue of the relationships described in this footnote, Mr. Salem may be deemed to share voting and dispositive power with respect to all of the Issuer's securities held by the Bain Venture Entities. Mr. Salem disclaims beneficial ownership except to the extent of his pecuniary interest therein.

F4: Represents securities of the Issuer held directly by NPI Capital, LLC. Mr. Salem is the managing member of NPI Capital, LLC.