SEC Form 4

FORM 4		UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person* NBVM GP, LLC (Last) (First) (Middle) C/O NORTH BRIDGE VENTURE PARTNERS 950 WINTER STREET, SUITE 4600 (Street) WALTHAM MA 02451 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol Demandware Inc [ DWRE ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director X 10% Owner Officer (give title below) Other (specify below)
	3. Date of Earliest Transaction (Month/Day/Year) 03/20/2012
	4. If Amendment, Date of Original Filed (Month/Day/Year)	6. Individual or Joint/Group Filing (Check Applicable Line) Form filed by One Reporting Person X Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/20/2012		C		4,834,357(6)	A	$0.00	4,834,357(6)	D
Common Stock	03/20/2012		C		2,369,510(7)	A	$0.00	2,369,510(7)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Series A Convertible Preferred Stock	(1)	03/20/2012		C			2,633,981(6)	(1)	(5)	Common Stock	877,994(6)	$0.00	0	D
Series A Convertible Preferred Stock	(1)	03/20/2012		C			1,291,019(7)	(1)	(5)	Common Stock	430,340(7)	$0.00	0	D
Series B Convertible Preferred Stock	(2)	03/20/2012		C			2,619,490(6)	(2)	(5)	Common Stock	873,163(6)	$0.00	0	D
Series B Convertible Preferred Stock	(2)	03/20/2012		C			1,283,916(7)	(2)	(5)	Common Stock	427,972(7)	$0.00	0	D
Series C Convertible Preferred Stock	(3)	03/20/2012		C			4,493,755(6)	(3)	(5)	Common Stock	1,497,918(6)	$0.00	0	D
Series C Convertible Preferred Stock	(3)	03/20/2012		C			2,202,568(7)	(3)	(5)	Common Stock	734,189(7)	$0.00	0	D
Series D Convertible Preferred Stock	(4)	03/20/2012		C			4,755,847(6)	(4)	(5)	Common Stock	1,585,282(6)	$0.00	0	D
Series D Convertible Preferred Stock	(4)	03/20/2012		C			2,331,029(7)	(4)	(5)	Common Stock	777,009(7)	$0.00	0	D

1. Name and Address of Reporting Person* NBVM GP, LLC (Last) (First) (Middle) C/O NORTH BRIDGE VENTURE PARTNERS 950 WINTER STREET, SUITE 4600 (Street) WALTHAM MA 02451 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* NORTH BRIDGE VENTURE PARTNERS V A LP (Last) (First) (Middle) C/O NORTH BRIDGE VENTURE PARTNERS 950 WINTER STREET, SUITE 4600 (Street) WALTHAM MA 02451 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* NORTH BRIDGE VENTURE PARTNERS V-B LP (Last) (First) (Middle) C/O NORTH BRIDGE VENTURE PARTNERS 950 WINTER STREET, SUITE 4600 (Street) WALTHAM MA 02451 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* North Bridge Venture Management V, L.P. (Last) (First) (Middle) C/O NORTH BRIDGE VENTURE PARTNERS 950 WINTER STREET, SUITE 4600 (Street) WALTHAM MA 02451 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* ANDERSON EDWARD T (Last) (First) (Middle) C/O NORTH BRIDGE VENTURE PARTNERS 950 WINTER STREET, SUITE 4600 (Street) WALTHAM MA 02451 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* DAMORE RICHARD A (Last) (First) (Middle) C/O NORTH BRIDGE VENTURE PARTNERS 950 WINTER STREET, SUITE 4600 (Street) WALTHAM MA 02451 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

Explanation of Responses:

1. Each share of Series A Convertible Preferred Stock converted into 0.33 shares of common stock upon the closing of Demandware, Inc.'s initial public offering of common stock, which reflects a 1-for-3 reverse stock split of the common stock of Demandware, Inc., which became effective on March 1, 2012.

2. Each share of Series B Convertible Preferred Stock converted into 0.33 shares of common stock upon the closing of Demandware, Inc.'s initial public offering of common stock, which reflects a 1-for-3 reverse stock split of the common stock of Demandware, Inc., which became effective on March 1, 2012.

3. Each share of Series C Convertible Preferred Stock converted into 0.33 shares of common stock upon the closing of Demandware, Inc.'s initial public offering of common stock, which reflects a 1-for-3 reverse stock split of the common stock of Demandware, Inc., which became effective on March 1, 2012.

4. Each share of Series D Convertible Preferred Stock converted into 0.33 shares of common stock upon the closing of Demandware, Inc.'s initial public offering of common stock, which reflects a 1-for-3 reverse stock split of the common stock of Demandware, Inc., which became effective on March 1, 2012.

5. Not applicable.

6. Represents securities held of record by North Bridge Venture Partners V-A, L.P., or NBVP V-A. North Bridge Venture Management V, L.P., or NBVM V, is the sole General Partner of NBVP V-A. NBVM GP, LLC, the General Partner of NBVM V, has ultimate voting and dispositive power over the shares held of record by NBVP V-A. Shared voting and dispositive power of such shares is vested in Edward T. Anderson and Richard A. D'Amore.

7. Represents securities held of record by North Bridge Venture Partners V-B, L.P., or NBVP V-B. North Bridge Venture Management V, L.P., or NBVM V, is the sole General Partner of NBVP V-B. NBVM GP, LLC, the General Partner of NBVM V, has ultimate voting and dispositive power over the shares held of record by NBVP V-B. Shared voting and dispositive power of such shares is vested in Edward T. Anderson and Richard A. D'Amore.

	/s/ Sheila M. Flaherty, Attorney-in-Fact	03/20/2012
	** Signature of Reporting Person	Date
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