DOCUSIGN, INC. — Director's Dealing 2018

Apr 26, 2018

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: DOCUSIGN INC (DOCU)
CIK: 0001261333
Period of Report: 2018-04-26

Reporting Person: Salem Enrique T (Director)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	57111	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Redeemable Convertible Series B Preferred Stock	$		Common Stock (18498)		Indirect
Redeemable Convertible Series B-1 Preferred Stock	$		Common Stock (5541)		Indirect
Redeemable Convertible Series D Preferred Stock	$		Common Stock (1916890)		Indirect
Redeemable Convertible Series D Preferred Stock	$		Common Stock (89811)		Indirect
Redeemable Convertible Series E Preferred Stock	$		Common Stock (343417)		Indirect
Redeemable Convertible Series F Preferred Stock	$		Common Stock (3011559)		Indirect
Option (Right to Buy)	$2.14	2023-07-25	Common Stock (40000)		Direct
Option (Right to Buy)	$13.43	2025-03-10	Common Stock (10000)		Direct

Footnotes

F1: These shares of redeemable convertible preferred stock are convertible, at the option of the holder, into shares of Common Stock on a 1-for-1 basis and will automatically convert 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 have no expiration date.

F2: All shares underlying this option have vested.

F3: 7,708 of the shares underlying this option have vested. The remaining 2,292 shares will vest in 11 monthly installments beginning on May 10, 2018, subject to Mr. Salem's continued service through each vesting date.

F4: Represents shares of redeemable convertible preferred stock held directly by BCIP Venture Associates, BCIP Venture Associates-B, BCIP Venture Associates II, LP, BCIP Venture Associates II-B, LP, Bain Capital Venture Fund 2012, L.P., Bain Capital Venture Fund 2014, L.P. and Bain Capital Venture Coinvestment Fund, L.P. (collectively, the "Bain Venture Entities).

F5: 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 shares of redeemable convertible preferred stock held by the Bain Venture Entities. Mr. Salem disclaims beneficial ownership except to the extent of his pecuniary interest therein.

F6: Represents shares of redeemable convertible preferred stock held directly by NPI Capital, LLC. Mr. Salem is the managing member of NPI Capital, LLC.