DOCUSIGN, INC. — Director's Dealing 2018

May 1, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

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

Reporting Person: Jackson Square Ventures, LLC (10% Owner)
Reporting Person: Jackson Square Associates I, L.P. (10% Owner)
Reporting Person: Jackson Square Ventures I, L.P. (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-05-01	Common Stock	C	52839	—	Acquired	170024	Indirect
2018-05-01	Common Stock	C	12378326	—	Acquired	12548350	Indirect
2018-05-01	Common Stock	C	2831576	—	Acquired	15379926	Indirect
2018-05-01	Common Stock	C	1688236	—	Acquired	17068162	Indirect
2018-05-01	Common Stock	C	215549	—	Acquired	17283711	Indirect
2018-05-01	Common Stock	S	858327	$29.00	Disposed	16425384	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-05-01	Series A Preferred Stock	$	C	51706	Disposed		Common Stock (52839)	Indirect
2018-05-01	Series B Preferred Stock	$	C	12378326	Disposed		Common Stock (12378326)	Indirect
2018-05-01	Serise B-1 Preferred Stock	$	C	2831576	Disposed		Common Stock (2831576)	Indirect
2018-05-01	Series C Preferred Stock	$	C	1688236	Disposed		Common Stock (1688236)	Indirect
2018-05-01	Series D Preferred Stock	$	C	215549	Disposed		Common Stock (215549)	Indirect

Footnotes

F1: Each share of Series A Preferred Stock converted into 1.02192925205 shares of common stock upon the closing of the Issuer's initial public offering. The shares had no expiration date.

F2: Includes 56,206 shares held by Sigma Partners 8, L.P., 1,793 shares held by Sigma Associates 8, L.P. and 593 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 Funds 8"). 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.

F3: 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.

F4: Includes 49,218 shares held by Sigma Partners 7, L.P., 3,036 shares held by Sigma Associates 7, L.P. and 585 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 Funds 7"). 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.

F5: Each share of Series B Preferred Stock, Series B-1 Preferred Stock, Series C Preferred Stock, Series D Preferred Stock and series E Preferred Stock converted into one share of common stock upon the closing of the Issuer's initial public offering. The shares had no expiration date.

F6: Includes 11,566,370 shares held by Sigma Partners 7, L.P., 730,486 shares held by Sigma Associates 7, L.P. and 134,309 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 Funds 7"). 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.

F7: Includes 14,203,886 shares held by Sigma Partners 7, L.P., 893,193 shares held by Sigma Associates 7, L.P. and 165,662 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 Funds 7"). 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.

F8: Includes 14,427,581 shares held by Sigma Partners 7, L.P., 907,259 shares held by Sigma Associates 7, L.P. and 168,270 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 Funds 7"). 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.

F9: Includes 1,437,786 shares held by Sigma Partners 8, L.P., 53,228 shares held by Sigma Associates 8, L.P. and 15,445 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 Funds 8"). 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.

F10: Includes 1,644,491 shares held by Sigma Partners 8, L.P., 59,850 shares held by Sigma Associates 8, L.P. and 17,667 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 Funds 8"). 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.

F11: Represents 721,379 shares sold by Sigma Partners 7, LP., 45,363 shares sold by Sigma Associates 7, L.P., 8,414 shares sold by Sigma Investors 7, L.P., 79,414 shares sold by Sigma Partners 8, L.P., 2,903 shares sold by Sigma Associates 8, L.P. and 854 shares sold by Sigma Investors 8, L.P.

F12: Includes 13,706,202 shares held by Sigma Partners 7, L.P., 861,896 shares held by Sigma Associates 7, L.P. and 159,856 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 Funds 7"). 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.

F13: Includes 1,565,077 shares held by Sigma Partners 8, L.P., 56,947 shares held by Sigma Associates 8, L.P. and 16,813 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 Funds 8"). 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.

F14: The shares were held by the Sigma 7 Funds.

F15: The shares were held by the Sigma 7 Funds and the Sigma 8 Funds.

F16: The shares were held by the Sigma 8 Funds.