SEC Form 4 · accession 0001209191-18-027191
DOCUSIGN, INC. · DOCU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Peter Solvik
Director
Period of report
May 1, 2018
Accepted (ET)
May 1, 2018 · 6:59 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001261333
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2,F3,F4 | May 1, 2018 | C | 52,839 | — | A | 170,024 | I | See footnote |
| Common StockF5 | May 1, 2018 | C | 9,438 | — | A | 36,334 | D | |
| Common StockF5,F2,F3,F6 | May 1, 2018 | C | 12,378,326 | — | A | 12,548,350 | I | See footnote |
| Common StockF5 | May 1, 2018 | C | 9,439 | — | A | 45,773 | D | |
| Common StockF5,F2,F3,F7 | May 1, 2018 | C | 2,831,576 | — | A | 15,379,926 | I | See footnote |
| Common StockF5 | May 1, 2018 | C | 160 | — | A | 45,933 | D | |
| Common StockF5,F3,F8,F9 | May 1, 2018 | C | 1,688,236 | — | A | 17,068,162 | I | See footnote |
| Common StockF5,F3,F8,F10 | May 1, 2018 | C | 215,549 | — | A | 17,283,711 | I | See footnote |
| Common StockF5 | May 1, 2018 | C | 57,110 | — | A | 103,043 | D | |
| Common StockF11,F3,F12,F13 | May 1, 2018 | S | 858,327 | $29.00 | D | 16,425,384 | I | See footnote |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Series A Preferred StockF14,F1 | — | May 1, 2018 | C | 51,706 | D | — | — | Common Stock | 52,839 | 0 | I |
| Series B Preferred StockF5 | — | May 1, 2018 | C | 9,438 | D | — | — | Common Stock | 9,438 | 0 | D |
| Series B Preferred StockF14,F5 | — | May 1, 2018 | C | 12,378,326 | D | — | — | Common Stock | 12,378,326 | 0 | I |
| Series B-1 Preferred StockF5 | — | May 1, 2018 | C | 9,439 | D | — | — | Common Stock | 9,439 | 0 | D |
| Serise B-1 Preferred StockF14,F5 | — | May 1, 2018 | C | 2,831,576 | D | — | — | Common Stock | 2,831,576 | 0 | I |
| Series C Preferred StockF5 | — | May 1, 2018 | C | 160 | D | — | — | Common Stock | 160 | 0 | D |
| Series C Preferred StockF15,F5 | — | May 1, 2018 | C | 1,688,236 | D | — | — | Common Stock | 1,688,236 | 0 | I |
| Series D Preferred StockF16,F5 | — | May 1, 2018 | C | 215,549 | D | — | — | Common Stock | 215,549 | 0 | I |
| Series E Preferred StockF5 | — | May 1, 2018 | C | 57,110 | D | — | — | Common Stock | 57,110 | 0 | D |
Explanation of responses
- F1Each 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.
- F10Includes 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.
- F11Represents 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.
- F12Includes 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.
- F13Includes 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.
- F14The shares were held by the Sigma 7 Funds.
- F15The shares were held by the Sigma 7 Funds and the Sigma 8 Funds.
- F16The shares were held by the Sigma 8 Funds.
- F2Includes 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.
- F3Includes 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.
- F4Includes 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.
- F5Each 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.
- F6Includes 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.
- F7Includes 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.
- F8Includes 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.
- F9Includes 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.