DOCUSIGN, INC. — Director's Dealing 2018

May 2, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

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

Reporting Person: O'Driscoll Rory (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-05-01	Common Stock	C	924	—	Acquired	33641	Indirect
2018-05-01	Common Stock	C	277	—	Acquired	33918	Indirect
2018-05-01	Common Stock	C	4707896	—	Acquired	4741814	Indirect
2018-05-01	Common Stock	C	85391	—	Acquired	4827205	Indirect
2018-05-01	Common Stock	C	17170	—	Acquired	4844375	Indirect
2018-05-01	Common Stock	S	485122	$29.00	Disposed	4359253	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-05-01	Series B Preferred Stock	$	C	924	Disposed		Common Stock (924)	Indirect
2018-05-01	Series B-1 Preferred Stock	$	C	277	Disposed		Common Stock (277)	Indirect
2018-05-01	Series C Preferred Stock	$	C	4707896	Disposed		Common Stock (4707896)	Indirect
2018-05-01	Series D Preferred Stock	$	C	85391	Disposed		Common Stock (85391)	Indirect
2018-05-01	Series E Preferred Stock	$	C	17170	Disposed		Common Stock (17170)	Indirect

Footnotes

F1: 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.

F2: The shares are held by Scale Venture Partners III, L.P. ("SVP III"). Scale Venture Management III, LLC ("SVM III") is the general partner of SVP III. Rory O'Driscoll, Stacy Bishop, Kate Mitchell and Andrew Vitus, are managing members of SVM III and share voting and dispositive power with respect to the shares held by SVP III. The reporting person disclaims beneficial ownership of the shares except to the extent of his pecuniary interest therein.

F3: The shares were held by SVP III. SVM III is the general partner of SVP III. Rory O'Driscoll, Stacy Bishop, Kate Mitchell and Andrew Vitus, are managing members of SVM III and share voting and dispositive power with respect to the shares held by SVP III. The reporting person disclaims beneficial ownership of the shares except to the extent of his pecuniary interest therein.