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DOCUSIGN, INC. Director's Dealing 2019

Jul 11, 2019

30367_dirs_2019-07-11_ac22e8ba-e247-44d1-ac95-6439ff084085.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DOCUSIGN, INC. (DOCU)
CIK: 0001261333
Period of Report: 2019-07-09

Reporting Person: Solvik Peter (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2019-07-09 Common Stock S 514532 $51.523 Disposed 1817812 Indirect
2019-07-09 Common Stock S 20000 $51.523 Disposed 194894 Indirect
2019-07-09 Common Stock S 7000 $51.523 Disposed 62600 Indirect

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 7561 Direct
Common Stock 6458 Indirect
Common Stock 119491 Indirect

Footnotes

F1: Represents 423,531 shares sold by Sigma Partners 7, LP., 27,283 shares sold by Sigma Associates 7, L.P., 5,125 shares sold by Sigma Investors 7, L.P., 55,251 shares sold by Jackson Square Ventures I, LP and 3,342 shares sold by Jackson Square Associates I, LP.

F2: The shares were sold at prices ranging from $51.51 to $52.36. The reporting person will provide upon request to the SEC, the issuer or security holder of the issuer, full information regarding the number of shares sold at each separate price.

F3: Includes 1,687,973 shares held by Sigma Partners 7, L.P., 109,352 shares held by Sigma Associates 7, L.P. and 20,487 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.

F4: Includes shares received through pro-rata distributions from Sigma Partners 7, L.P., Sigma Associates 7, L.P. and Sigma Investors 7, L.P. (the "Sigma Entities"). In prior reports, the reporting person reported beneficial ownership of all shares of the company's common stock held by the Sigma Entities.