0001104659-20-013163.txt : 20200210 0001104659-20-013163.hdr.sgml : 20200210 20200210120145 ACCESSION NUMBER: 0001104659-20-013163 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20200210 DATE AS OF CHANGE: 20200210 GROUP MEMBERS: JACKSON SQUARE ASSOCIATES I, L.P. GROUP MEMBERS: JACKSON SQUARE VENTURES I, L.P. GROUP MEMBERS: JACKSON SQUARE VENTURES, LLC GROUP MEMBERS: SIGMA ASSOCIATES 7, L.P. GROUP MEMBERS: SIGMA ASSOCIATES 8, L.P. GROUP MEMBERS: SIGMA INVESTORS 7, L.P. GROUP MEMBERS: SIGMA INVESTORS 8, L.P. GROUP MEMBERS: SIGMA MANAGEMENT 7, L.L.C. GROUP MEMBERS: SIGMA MANAGEMENT 8, L.L.C. GROUP MEMBERS: SIGMA PARTNERS 8, L.P. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: DOCUSIGN, INC. CENTRAL INDEX KEY: 0001261333 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 912183967 STATE OF INCORPORATION: DE FISCAL YEAR END: 0131 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-90909 FILM NUMBER: 20590501 BUSINESS ADDRESS: STREET 1: 221 MAIN ST., SUITE 1550 CITY: SAN FRANCISCO STATE: CA ZIP: 94105 BUSINESS PHONE: 415-489-4940 MAIL ADDRESS: STREET 1: 221 MAIN ST., SUITE 1550 CITY: SAN FRANCISCO STATE: CA ZIP: 94105 FORMER COMPANY: FORMER CONFORMED NAME: DOCUSIGN INC DATE OF NAME CHANGE: 20030826 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Sigma Partners 7, L.P. CENTRAL INDEX KEY: 0001686397 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 2105 SOUTH BASCOM AVE. #370 CITY: CAMPBELL STATE: CA ZIP: 95008 BUSINESS PHONE: (650) 853-1700 MAIL ADDRESS: STREET 1: 2105 SOUTH BASCOM AVE. #370 CITY: CAMPBELL STATE: CA ZIP: 95008 SC 13G/A 1 a20-7207_2sc13ga.htm SC 13G/A

 

 

UNITED STATES

 

 

SECURITIES AND EXCHANGE COMMISSION

 

 

Washington, D.C. 20549

 

 

 

 

SCHEDULE 13G

(Rule 13d-102)

 

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1 (b),
(c) AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO 13d-2 (b)
(Amendment No. 1)*

 

DOCUSIGN INC.

(Name of Issuer)

COMMON STOCK, PAR VALUE $0.0001 PER SHARE

(Title of Class of Securities)

256163106

(CUSIP Number)

DECEMBER 31, 2019

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

o

Rule 13d-1(b)

o

Rule 13d-1(c)

x

Rule 13d-1(d)

 

*The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

 

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 


 

CUSIP No. 256163106

 

 

1.

Name of Reporting Persons
Sigma Partners 7, L.P.

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

o

 

 

(b)

x (1)

 

 

3.

SEC Use Only

 

 

4.

Citizenship or Place of Organization
Delaware

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With:

5.

Sole Voting Power
1,687,973 (2)

 

6.

Shared Voting Power
0

 

7.

Sole Dispositive Power
1,687,973 (2)

 

8.

Shared Dispositive Power
0

 

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
1,687,973 (2)

 

 

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

 

 

11.

Percent of Class Represented by Amount in Row (9)
0.9% (3)

 

 

12.

Type of Reporting Person (See Instructions)
PN

 


(1) This Schedule 13G is filed by Jackson Square Ventures I, L.P. (“JSVI”), Jackson Square Associates I, L.P. (“JSA”), Jackson Square Ventures, LLC (“JSV” and, together with JSVI and JSA, the “JS Entities”), Sigma Partners 7, L.P. (“SP 7”), Sigma Associates 7, L.P. (“SA 7”), Sigma Investors 7, L.P. (“SI 7”), Sigma Management 7, L.L.C., (“SM 7” and, together with SP 7, SA 7 and SI 7, the “Sigma 7 Entities”), Sigma Partners 8, L.P. (“SP 8”), Sigma Associates 8, L.P. (“SA 8”) and Sigma Investors 8, L.P. (“SI 8”), Sigma Management 8, L.L.C. (“SM 8” and, together with SP 8, SA 8 and SI 8, the “Sigma 8 Entities”) (collectively with the JS Entities and the Sigma 7 Entities, the “Sigma Entities”).  The Sigma Entities expressly disclaim status as a “group” for purposes of this Schedule 13G.

 

(2) The shares are held by SP 7.  SM 7 is the sole general partner of SP 7 and owns no shares of the issuer directly.   SM 7 holds voting and dispositive power over the shares held by SP 7. The Sigma 7 Entities expressly disclaim beneficial ownership of the shares reported herein as beneficially owned by the JS Entities and the Sigma 8 Entities, and the inclusion of such shares in this report shall not be construed as an admission that the Sigma 7 Entities beneficially own such securities.

 

(3) This percentage is calculated based upon 179,455,116 shares of the Common Stock outstanding as of November 30, 2019, as set forth in the Issuer’s most recent Form 10-Q filed with the Securities and Exchange Commission on December 6, 2019.

 

2


 

CUSIP No. 256163106

 

 

1.

Name of Reporting Persons
Sigma Associates 7, L.P.

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

o

 

 

(b)

x (1)

 

 

3.

SEC Use Only

 

 

4.

Citizenship or Place of Organization
Delaware

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With:

5.

Sole Voting Power
109,352 (2)

 

6.

Shared Voting Power
0

 

7.

Sole Dispositive Power
109,352 (2)

 

8.

Shared Dispositive Power
0

 

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
109,352 (2)

 

 

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

 

 

11.

Percent of Class Represented by Amount in Row (9)
0.1% (3)

 

 

12.

Type of Reporting Person (See Instructions)
PN

 


(1) This Schedule 13G is filed by Jackson Square Ventures I, L.P. (“JSVI”), Jackson Square Associates I, L.P. (“JSA”), Jackson Square Ventures, LLC (“JSV” and, together with JSVI and JSA, the “JS Entities”), Sigma Partners 7, L.P. (“SP 7”), Sigma Associates 7, L.P. (“SA 7”), Sigma Investors 7, L.P. (“SI 7”), Sigma Management 7, L.L.C., (“SM 7” and, together with SP 7, SA 7 and SI 7, the “Sigma 7 Entities”), Sigma Partners 8, L.P. (“SP 8”), Sigma Associates 8, L.P. (“SA 8”) and Sigma Investors 8, L.P. (“SI 8”), Sigma Management 8, L.L.C. (“SM 8” and, together with SP 8, SA 8 and SI 8, the “Sigma 8 Entities”) (collectively with the JS Entities and the Sigma 7 Entities, the “Sigma Entities”).  The Sigma Entities expressly disclaim status as a “group” for purposes of this Schedule 13G.

 

(2) The shares are held by SA 7. SM 7 is the sole general partner of SA 7 and owns no shares of the issuer directly.   SM 7 holds voting and dispositive power over the shares held by SA 7. The Sigma 7 Entities expressly disclaim beneficial ownership of the shares reported herein as beneficially owned by the JS Entities and the Sigma 8 Entities, and the inclusion of such shares in this report shall not be construed as an admission that the Sigma 7 Entities beneficially own such securities.

 

(3) This percentage is calculated based upon 179,455,116 shares of the Common Stock outstanding as of November 30, 2019, as set forth in the Issuer’s most recent Form 10-Q filed with the Securities and Exchange Commission on December 6, 2019.

 

3


 

CUSIP No. 256163106

 

 

1.

Name of Reporting Persons
Sigma Investors 7, L.P.

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

o

 

 

(b)

x (1)

 

 

3.

SEC Use Only

 

 

4.

Citizenship or Place of Organization
Delaware

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With:

5.

Sole Voting Power
20,487 (2)

 

6.

Shared Voting Power
0

 

7.

Sole Dispositive Power
20,487 (2)

 

8.

Shared Dispositive Power
0

 

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
20,487 (2)

 

 

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

 

 

11.

Percent of Class Represented by Amount in Row (9)
0.1% (3)

 

 

12.

Type of Reporting Person (See Instructions)
PN

 


(1) This Schedule 13G is filed by Jackson Square Ventures I, L.P. (“JSVI”), Jackson Square Associates I, L.P. (“JSA”), Jackson Square Ventures, LLC (“JSV” and, together with JSVI and JSA, the “JS Entities”), Sigma Partners 7, L.P. (“SP 7”), Sigma Associates 7, L.P. (“SA 7”), Sigma Investors 7, L.P. (“SI 7”), Sigma Management 7, L.L.C., (“SM 7” and, together with SP 7, SA 7 and SI 7, the “Sigma 7 Entities”), Sigma Partners 8, L.P. (“SP 8”), Sigma Associates 8, L.P. (“SA 8”) and Sigma Investors 8, L.P. (“SI 8”), Sigma Management 8, L.L.C. (“SM 8” and, together with SP 8, SA 8 and SI 8, the “Sigma 8 Entities”) (collectively with the JS Entities and the Sigma 7 Entities, the “Sigma Entities”).  The Sigma Entities expressly disclaim status as a “group” for purposes of this Schedule 13G.

 

(2) The shares are held by SI 7.  SM 7 is the sole general partner of SI 7 and owns no shares of the issuer directly.   SM 7 holds voting and dispositive power over the shares held by SI 7. The Sigma 7 Entities expressly disclaim beneficial ownership of the shares reported herein as beneficially owned by the JS Entities and the Sigma 8 Entities, and the inclusion of such shares in this report shall not be construed as an admission that the Sigma 7 Entities beneficially own such securities.

 

(3) This percentage is calculated based upon 179,455,116 shares of the Common Stock outstanding as of November 30, 2019, as set forth in the Issuer’s most recent Form 10-Q filed with the Securities and Exchange Commission on December 6, 2019.

 

4


 

CUSIP No. 256163106

 

 

1.

Name of Reporting Persons
Sigma Management 7, L.L.C.

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

o

 

 

(b)

x (1)

 

 

3.

SEC Use Only

 

 

4.

Citizenship or Place of Organization
Delaware

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With:

5.

Sole Voting Power
0

 

6.

Shared Voting Power
1,817,812(2)

 

7.

Sole Dispositive Power
0

 

8.

Shared Dispositive Power
1,817,812(2)

 

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
1,817,812(2)

 

 

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

 

 

11.

Percent of Class Represented by Amount in Row (9)
1.0% (3)

 

 

12.

Type of Reporting Person (See Instructions)
OO

 


(1) This Schedule 13G is filed by Jackson Square Ventures I, L.P. (“JSVI”), Jackson Square Associates I, L.P. (“JSA”), Jackson Square Ventures, LLC (“JSV” and, together with JSVI and JSA, the “JS Entities”), Sigma Partners 7, L.P. (“SP 7”), Sigma Associates 7, L.P. (“SA 7”), Sigma Investors 7, L.P. (“SI 7”), Sigma Management 7, L.L.C., (“SM 7” and, together with SP 7, SA 7 and SI 7, the “Sigma 7 Entities”), Sigma Partners 8, L.P. (“SP 8”), Sigma Associates 8, L.P. (“SA 8”) and Sigma Investors 8, L.P. (“SI 8”), Sigma Management 8, L.L.C. (“SM 8” and, together with SP 8, SA 8 and SI 8, the “Sigma 8 Entities”) (collectively with the JS Entities and the Sigma 7 Entities, the “Sigma Entities”).  The Sigma Entities expressly disclaim status as a “group” for purposes of this Schedule 13G.

 

(2) Includes: (i) 1,687,973 shares held by SP 7; (ii) 109,352 shares held by SA 7; and (iii) 20,487 shares held by SI 7.  SM 7 is the sole general partner of SP 7, SA 7 and SI 7 and owns no shares of the issuer directly.   SM 7 holds voting and dispositive power over the shares held by SP 7, SA 7 and SI 7. The Sigma 7 Entities expressly disclaim beneficial ownership of the shares reported herein as beneficially owned by the JS Entities and the Sigma 8 Entities, and the inclusion of such shares in this report shall not be construed as an admission that the Sigma 7 Entities beneficially own such securities.

 

(3) This percentage is calculated based upon 179,455,116 shares of the Common Stock outstanding as of November 30, 2019, as set forth in the Issuer’s most recent Form 10-Q filed with the Securities and Exchange Commission on December 6, 2019.

 

5


 

CUSIP No. 256163106

 

 

1.

Name of Reporting Persons
Sigma Partners 8, L.P.

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

o

 

 

(b)

x (1)

 

 

3.

SEC Use Only

 

 

4.

Citizenship or Place of Organization
Delaware

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With:

5.

Sole Voting Power
0 (2)

 

6.

Shared Voting Power
0

 

7.

Sole Dispositive Power
0 (2)

 

8.

Shared Dispositive Power
0

 

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
0 (2)

 

 

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

 

 

11.

Percent of Class Represented by Amount in Row (9)
0% (3)

 

 

12.

Type of Reporting Person (See Instructions)
PN

 


(1) This Schedule 13G is filed by Jackson Square Ventures I, L.P. (“JSVI”), Jackson Square Associates I, L.P. (“JSA”), Jackson Square Ventures, LLC (“JSV” and, together with JSVI and JSA, the “JS Entities”), Sigma Partners 7, L.P. (“SP 7”), Sigma Associates 7, L.P. (“SA 7”), Sigma Investors 7, L.P. (“SI 7”), Sigma Management 7, L.L.C., (“SM 7” and, together with SP 7, SA 7 and SI 7, the “Sigma 7 Entities”), Sigma Partners 8, L.P. (“SP 8”), Sigma Associates 8, L.P. (“SA 8”) and Sigma Investors 8, L.P. (“SI 8”), Sigma Management 8, L.L.C. (“SM 8” and, together with SP 8, SA 8 and SI 8, the “Sigma 8 Entities”) (collectively with the JS Entities and the Sigma 7 Entities, the “Sigma Entities”).  The Sigma Entities expressly disclaim status as a “group” for purposes of this Schedule 13G.

 

(2) The shares are held by SP 8.  SM 8 is the sole general partner of SP 8 and owns no shares of the issuer directly.   SM 8 holds voting and dispositive power over the shares held by SP 8. The Sigma 8 Entities expressly disclaim beneficial ownership of the shares reported herein as beneficially owned by the JS Entities and the Sigma 7 Entities, and the inclusion of such shares in this report shall not be construed as an admission that the Sigma 8 Entities beneficially own such securities.

 

(3) This percentage is calculated based upon 179,455,116 shares of the Common Stock outstanding as of November 30, 2019, as set forth in the Issuer’s most recent Form 10-Q filed with the Securities and Exchange Commission on December 6, 2019.

 

6


 

CUSIP No. 256163106

 

 

1.

Name of Reporting Persons
Sigma Associates 8, L.P.

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

o

 

 

(b)

x (1)

 

 

3.

SEC Use Only

 

 

4.

Citizenship or Place of Organization
Delaware

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With:

5.

Sole Voting Power
0 (2)

 

6.

Shared Voting Power
0

 

7.

Sole Dispositive Power
0 (2)

 

8.

Shared Dispositive Power
0

 

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
0 (2)

 

 

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

 

 

11.

Percent of Class Represented by Amount in Row (9)
0% (3)

 

 

12.

Type of Reporting Person (See Instructions)
PN

 


(1) This Schedule 13G is filed by Jackson Square Ventures I, L.P. (“JSVI”), Jackson Square Associates I, L.P. (“JSA”), Jackson Square Ventures, LLC (“JSV” and, together with JSVI and JSA, the “JS Entities”), Sigma Partners 7, L.P. (“SP 7”), Sigma Associates 7, L.P. (“SA 7”), Sigma Investors 7, L.P. (“SI 7”), Sigma Management 7, L.L.C., (“SM 7” and, together with SP 7, SA 7 and SI 7, the “Sigma 7 Entities”), Sigma Partners 8, L.P. (“SP 8”), Sigma Associates 8, L.P. (“SA 8”) and Sigma Investors 8, L.P. (“SI 8”), Sigma Management 8, L.L.C. (“SM 8” and, together with SP 8, SA 8 and SI 8, the “Sigma 8 Entities”) (collectively with the JS Entities and the Sigma 7 Entities, the “Sigma Entities”).  The Sigma Entities expressly disclaim status as a “group” for purposes of this Schedule 13G.

 

(2) The shares are held by SA 8. SM 8 is the sole general partner of SA 8 and owns no shares of the issuer directly.   SM 8 holds voting and dispositive power over the shares held by SA 8. The Sigma 8 Entities expressly disclaim beneficial ownership of the shares reported herein as beneficially owned by the JS Entities and the Sigma 7 Entities, and the inclusion of such shares in this report shall not be construed as an admission that the Sigma 8 Entities beneficially own such securities.

 

(3) This percentage is calculated based upon 179,455,116 shares of the Common Stock outstanding as of November 30, 2019, as set forth in the Issuer’s most recent Form 10-Q filed with the Securities and Exchange Commission on December 6, 2019.

 

7


 

CUSIP No. 256163106

 

 

1.

Name of Reporting Persons
Sigma Investors 8, L.P.

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

o

 

 

(b)

x (1)

 

 

3.

SEC Use Only

 

 

4.

Citizenship or Place of Organization
Delaware

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With:

5.

Sole Voting Power
0 (2)

 

6.

Shared Voting Power
0

 

7.

Sole Dispositive Power
0 (2)

 

8.

Shared Dispositive Power
0

 

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
0 (2)

 

 

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

 

 

11.

Percent of Class Represented by Amount in Row (9)
0% (3)

 

 

12.

Type of Reporting Person (See Instructions)
PN

 


(1) This Schedule 13G is filed by Jackson Square Ventures I, L.P. (“JSVI”), Jackson Square Associates I, L.P. (“JSA”), Jackson Square Ventures, LLC (“JSV” and, together with JSVI and JSA, the “JS Entities”), Sigma Partners 7, L.P. (“SP 7”), Sigma Associates 7, L.P. (“SA 7”), Sigma Investors 7, L.P. (“SI 7”), Sigma Management 7, L.L.C., (“SM 7” and, together with SP 7, SA 7 and SI 7, the “Sigma 7 Entities”), Sigma Partners 8, L.P. (“SP 8”), Sigma Associates 8, L.P. (“SA 8”) and Sigma Investors 8, L.P. (“SI 8”), Sigma Management 8, L.L.C. (“SM 8” and, together with SP 8, SA 8 and SI 8, the “Sigma 8 Entities”) (collectively with the JS Entities and the Sigma 7 Entities, the “Sigma Entities”).  The Sigma Entities expressly disclaim status as a “group” for purposes of this Schedule 13G.

 

(2) The shares are held by SI 8.  SM 8 is the sole general partner of SI 8 and owns no shares of the issuer directly.   SM 8 holds voting and dispositive power over the shares held by SI 8. The Sigma 8 Entities expressly disclaim beneficial ownership of the shares reported herein as beneficially owned by the JS Entities and the Sigma 7 Entities, and the inclusion of such shares in this report shall not be construed as an admission that the Sigma 8 Entities beneficially own such securities.

 

(3) This percentage is calculated based upon 179,455,116 shares of the Common Stock outstanding as of November 30, 2019, as set forth in the Issuer’s most recent Form 10-Q filed with the Securities and Exchange Commission on December 6, 2019.

 

8


 

CUSIP No. 256163106

 

 

1.

Name of Reporting Persons
Sigma Management 8, L.L.C.

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

o

 

 

(b)

x (1)

 

 

3.

SEC Use Only

 

 

4.

Citizenship or Place of Organization
Delaware

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With:

5.

Sole Voting Power
0

 

6.

Shared Voting Power
0 (2)

 

7.

Sole Dispositive Power
0

 

8.

Shared Dispositive Power
0 (2)

 

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
0 (2)

 

 

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

 

 

11.

Percent of Class Represented by Amount in Row (9)
0% (3)

 

 

12.

Type of Reporting Person (See Instructions)
OO

 


(1) This Schedule 13G is filed by Jackson Square Ventures I, L.P. (“JSVI”), Jackson Square Associates I, L.P. (“JSA”), Jackson Square Ventures, LLC (“JSV” and, together with JSVI and JSA, the “JS Entities”), Sigma Partners 7, L.P. (“SP 7”), Sigma Associates 7, L.P. (“SA 7”), Sigma Investors 7, L.P. (“SI 7”), Sigma Management 7, L.L.C., (“SM 7” and, together with SP 7, SA 7 and SI 7, the “Sigma 7 Entities”), Sigma Partners 8, L.P. (“SP 8”), Sigma Associates 8, L.P. (“SA 8”) and Sigma Investors 8, L.P. (“SI 8”), Sigma Management 8, L.L.C. (“SM 8” and, together with SP 8, SA 8 and SI 8, the “Sigma 8 Entities”) (collectively with the JS Entities and the Sigma 7 Entities, the “Sigma Entities”).  The Sigma Entities expressly disclaim status as a “group” for purposes of this Schedule 13G.

 

(2) Includes: (i) 0 shares held by SP 8; (ii) 0 shares held by SA 8; and (iii) 0 shares held by SI 8.  SM 8 is the sole general partner of SP 8, SA 8 and SI 8 and owns no shares of the issuer directly.   SM 8 holds voting and dispositive power over the shares held SP 8, SA 8 and SI 8. The Sigma 8 Entities expressly disclaim beneficial ownership of the shares reported herein as beneficially owned by the JS Entities and the Sigma 7 Entities, and the inclusion of such shares in this report shall not be construed as an admission that the Sigma 8 Entities beneficially own such securities.

 

(3) This percentage is calculated based upon 179,455,116 shares of the Common Stock outstanding as of November 30, 2019, as set forth in the Issuer’s most recent Form 10-Q filed with the Securities and Exchange Commission on December 6, 2019.

 

9


 

CUSIP No. 256163106

 

 

1.

Name of Reporting Persons
Jackson Square Ventures I, L.P.

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

o

 

 

(b)

x (1)

 

 

3.

SEC Use Only

 

 

4.

Citizenship or Place of Organization
Delaware

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With:

5.

Sole Voting Power
0 (2)

 

6.

Shared Voting Power
0

 

7.

Sole Dispositive Power
0 (2)

 

8.

Shared Dispositive Power
0

 

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
0 (2)

 

 

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

 

 

11.

Percent of Class Represented by Amount in Row (9)
0% (3)

 

 

12.

Type of Reporting Person (See Instructions)
PN

 


(1) This Schedule 13G is filed by Jackson Square Ventures I, L.P. (“JSVI”), Jackson Square Associates I, L.P. (“JSA”), Jackson Square Ventures, LLC (“JSV” and, together with JSVI and JSA, the “JS Entities”), Sigma Partners 7, L.P. (“SP 7”), Sigma Associates 7, L.P. (“SA 7”), Sigma Investors 7, L.P. (“SI 7”), Sigma Management 7, L.L.C., (“SM 7” and, together with SP 7, SA 7 and SI 7, the “Sigma 7 Entities”), Sigma Partners 8, L.P. (“SP 8”), Sigma Associates 8, L.P. (“SA 8”) and Sigma Investors 8, L.P. (“SI 8”), Sigma Management 8, L.L.C. (“SM 8” and, together with SP 8, SA 8 and SI 8, the “Sigma 8 Entities”) (collectively with the JS Entities and the Sigma 7 Entities, the “Sigma Entities”).  The Sigma Entities expressly disclaim status as a “group” for purposes of this Schedule 13G.

 

(2) The shares are held by JSVI. JSV is the sole general partner of JSVI and owns no shares of the issuer directly.   JSV holds voting and dispositive power over the shares held by JSVI. The JS Entities expressly disclaim beneficial ownership of the shares reported herein as beneficially owned by the Sigma 7 Entities  and the Sigma 8 Entities, and the inclusion of such shares in this report shall not be construed as an admission that the JS Entities beneficially own such securities.

 

(3) This percentage is calculated based upon 179,455,116 shares of the Common Stock outstanding as of November 30, 2019, as set forth in the Issuer’s most recent Form 10-Q filed with the Securities and Exchange Commission on December 6, 2019.

 

10


 

CUSIP No. 256163106

 

 

1.

Name of Reporting Persons
Jackson Square Associates I, L.P.

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

o

 

 

(b)

x (1)

 

 

3.

SEC Use Only

 

 

4.

Citizenship or Place of Organization
Delaware

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With:

5.

Sole Voting Power
0 (2)

 

6.

Shared Voting Power
0

 

7.

Sole Dispositive Power
0 (2)

 

8.

Shared Dispositive Power
0

 

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
0 (2)

 

 

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

 

 

11.

Percent of Class Represented by Amount in Row (9)
0% (3)

 

 

12.

Type of Reporting Person (See Instructions)
PN

 


(1) This Schedule 13G is filed by Jackson Square Ventures I, L.P. (“JSVI”), Jackson Square Associates I, L.P. (“JSA”), Jackson Square Ventures, LLC (“JSV” and, together with JSVI and JSA, the “JS Entities”), Sigma Partners 7, L.P. (“SP 7”), Sigma Associates 7, L.P. (“SA 7”), Sigma Investors 7, L.P. (“SI 7”), Sigma Management 7, L.L.C., (“SM 7” and, together with SP 7, SA 7 and SI 7, the “Sigma 7 Entities”), Sigma Partners 8, L.P. (“SP 8”), Sigma Associates 8, L.P. (“SA 8”) and Sigma Investors 8, L.P. (“SI 8”), Sigma Management 8, L.L.C. (“SM 8” and, together with SP 8, SA 8 and SI 8, the “Sigma 8 Entities”) (collectively with the JS Entities and the Sigma 7 Entities, the “Sigma Entities”).  The Sigma Entities expressly disclaim status as a “group” for purposes of this Schedule 13G.

 

(2) The shares are held by JSA.  JSV is the sole general partner of the JSA and owns no shares of the issuer directly.   JSA holds voting and dispositive power over the shares held by JSA. The JS Entities expressly disclaim beneficial ownership of the shares reported herein as beneficially owned by the Sigma 7 Entities  and the Sigma 8 Entities, and the inclusion of such shares in this report shall not be construed as an admission that the JS Entities beneficially own such securities.

 

(3) This percentage is calculated based upon 179,455,116 shares of the Common Stock outstanding as of November 30, 2019, as set forth in the Issuer’s most recent Form 10-Q filed with the Securities and Exchange Commission on December 6, 2019.

 

11


 

CUSIP No. 256163106

 

 

1.

Name of Reporting Persons
Jackson Square Ventures, LLC

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

o

 

 

(b)

x (1)

 

 

3.

SEC Use Only

 

 

4.

Citizenship or Place of Organization
Delaware

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With:

5.

Sole Voting Power
0

 

6.

Shared Voting Power
0 (2)

 

7.

Sole Dispositive Power
0

 

8.

Shared Dispositive Power
0 (2)

 

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
0 (2)

 

 

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

 

 

11.

Percent of Class Represented by Amount in Row (9)
0% (3)

 

 

12.

Type of Reporting Person (See Instructions)
OO

 


(1) This Schedule 13G is filed by Jackson Square Ventures I, L.P. (“JSVI”), Jackson Square Associates I, L.P. (“JSA”), Jackson Square Ventures, LLC (“JSV” and, together with JSVI and JSA, the “JS Entities”), Sigma Partners 7, L.P. (“SP 7”), Sigma Associates 7, L.P. (“SA 7”), Sigma Investors 7, L.P. (“SI 7”), Sigma Management 7, L.L.C., (“SM 7” and, together with SP 7, SA 7 and SI 7, the “Sigma 7 Entities”), Sigma Partners 8, L.P. (“SP 8”), Sigma Associates 8, L.P. (“SA 8”) and Sigma Investors 8, L.P. (“SI 8”), Sigma Management 8, L.L.C. (“SM 8” and, together with SP 8, SA 8 and SI 8, the “Sigma 8 Entities”) (collectively with the JS Entities and the Sigma 7 Entities, the “Sigma Entities”).  The Sigma Entities expressly disclaim status as a “group” for purposes of this Schedule 13G.

 

(2) Includes: (i) 0 shares held by JSVI; and (ii) 0 shares held by JSA.  JSV is the sole general partner of the JSVI and JSA and owns no shares of the issuer directly.   JSV holds voting and dispositive power over the shares held by JSVI and JSA. The JS Entities expressly disclaim beneficial ownership of the shares reported herein as beneficially owned by the Sigma 7 Entities  and the Sigma 8 Entities, and the inclusion of such shares in this report shall not be construed as an admission that the JS Entities beneficially own such securities.

 

(3) This percentage is calculated based upon 179,455,116 shares of the Common Stock outstanding as of November 30, 2019, as set forth in the Issuer’s most recent Form 10-Q filed with the Securities and Exchange Commission on December 6, 2019.

 

12


 

CUSIP No. 256163106

 

Item 1(a)

 

Name of Issuer
DocuSign Inc.

Item 1(b)

 

Address of Issuer’s Principal Executive Offices
221 Main Street, Suite 1000

San Francisco, CA 94107

 

Item 2(a)

 

Name of Person Filing
Sigma Partners 7, L.P. (“SP 7”)

Sigma Associates 7, L.P. (“SA 7”)

Sigma Investors 7, L.P. (“SI 7”)

Sigma Management 7, L.L.C. (“SM 7”)

Sigma Partners 8, L.P. (“SP 8”)

Sigma Associates 8, L.P. (“SA 8”)

Sigma Investors 8, L.P. (“SI 8”)

Sigma Management 8, L.L.C. (“SM 8”)

Jackson Square Ventures I, L.P. (“JSVI”)

Jackson Square Associates I, L.P. (“JSA”)

Jackson Square Ventures, LLC (“JSV”)

Item 2(b)

 

Address of Principal Business Office or, if none, Residence
2105 S. Bascom Avenue, Suite 370

Campbell, CA 95008

Item 2(c)

 

Citizenship

SP 7                        -       Delaware

SA 7                      -       Delaware

SI 7                          -       Delaware

SM 7                   -       Delaware

SP 8                        -       Delaware

SA 8                      -       Delaware

SI 8                          -       Delaware

SM 8                   -       Delaware

JSVI                      -       Delaware

JSA                           -       Delaware

JSV                           -       Delaware

Item 2(d)

 

Title of Class of Securities
Common Stock

Item 2(e)

 

CUSIP Number
256163106

 

Item 3

Not applicable.

 

13


 

CUSIP No. 256163106

 

Item 4

Ownership

 

Sigma Entity

 

Shares Held
Directly

 

Sole
Voting
Power

 

Shared
Voting
Power

 

Sole
Dispositive
Power

 

Shared
Dispositive
Power

 

Beneficial
Ownership

 

Percentage
of Class

 

SP 7

 

1,687,973

 

1,687,973

 

0

 

1,687,973

 

0

 

1,687,973

 

0.9

%

SA 7

 

109,352

 

109,352

 

0

 

109,352

 

0

 

109,352

 

0.1

%

SI 7

 

20,487

 

20,487

 

0

 

20,487

 

0

 

20,487

 

0.1

%

SM 7

 

0

 

0

 

1,817,812

 

0

 

1,817,812

 

1,817,812

 

1.0

%

SP 8

 

0

 

0

 

0

 

0

 

0

 

0

 

0.0

%

SA 8

 

0

 

0

 

0

 

0

 

0

 

0

 

0.0

%

SI 8

 

0

 

0

 

0

 

0

 

0

 

0

 

0.0

%

SM 8

 

0

 

0

 

0

 

0

 

0

 

0

 

0.0

%

JSVI

 

0

 

0

 

0

 

0

 

0

 

0

 

0.0

%

JSA

 

0

 

0

 

0

 

0

 

0

 

0

 

0.0

%

JSV

 

0

 

0

 

0

 

0

 

0

 

0

 

0.0

%

 

Item 5

Ownership of Five Percent or Less of a Class

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following x.

 

Item 6

Ownership of More than Five Percent of Another Person

Not applicable.

 

Item 7

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company

Not applicable.

 

Item 8

Identification and Classification of Members of the Group

Not applicable.

 

Item 9

Notice of Dissolution of Group

Not applicable.

 

Item 10

Certification

Not applicable.

 

14


 

CUSIP No. 256163106

 

SIGNATURE

 

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this Statement is true, complete and correct.

 

February 10, 2020

JACKSON SQUARE VENTURES I, L.P.

 

 

 

BY:

JACKSON SQUARE VENTURES, LLC

 

ITS:

GENERAL PARTNER

 

 

 

 

By:

/s/ Gregory Gretsch

 

 

Gregory Gretsch

 

 

Managing Director

 

 

 

 

 

 

 

JACKSON SQUARE ASSOCIATES I, L.P.

 

 

 

 

BY:

JACKSON SQUARE VENTURES, LLC

 

ITS:

GENERAL PARTNER

 

 

 

 

By:

/s/ Gregory Gretsch

 

 

Gregory Gretsch

 

 

Managing Director

 

 

 

 

 

 

 

JACKSON SQUARE VENTURES, LLC

 

 

 

 

 

 

By:

/s/ Gregory Gretsch

 

 

Gregory Gretsch

 

 

Managing Director

 

 

 

 

 

 

 

SIGMA PARTNERS 7, L.P.

 

 

 

 

BY:

SIGMA MANAGEMENT 7, L.L.C.

 

ITS:

GENERAL PARTNER

 

 

 

 

By:

/s/ Gregory Gretsch

 

 

Gregory Gretsch

 

 

Managing Director

 

 

 

 

 

 

 

SIGMA ASSOCIATES 7, L.P.

 

 

 

 

BY:

SIGMA MANAGEMENT 7, L.L.C.

 

ITS:

GENERAL PARTNER

 

 

 

 

By:

/s/ Gregory Gretsch

 

 

Gregory Gretsch

 

 

Managing Director

 

 

 

 

 

 

 

SIGMA INVESTORS 7, L.P.

 

 

 

 

BY:

SIGMA MANAGEMENT 7, L.L.C.

 

ITS:

GENERAL PARTNER

 

 

 

 

By:

/s/ Gregory Gretsch

 

 

Gregory Gretsch

 

 

Managing Director

 

 

 

 

 

 

 

SIGMA MANAGEMENT 7, L.L.C.

 

 

 

 

 

 

 

By:

/s/ Gregory Gretsch

 

 

Gregory Gretsch

 

 

Managing Director

 

15


 

CUSIP No. 256163106

 

 

SIGMA PARTNERS 8, L.P.

 

 

 

 

BY:

SIGMA MANAGEMENT 8, L.L.C.

 

ITS:

GENERAL PARTNER

 

 

 

 

By:

/s/ Gregory Gretsch

 

 

Gregory Gretsch

 

 

Managing Director

 

 

 

 

 

 

 

SIGMA ASSOCIATES 8, L.P.

 

 

 

 

BY:

SIGMA MANAGEMENT 8, L.L.C.

 

ITS:

GENERAL PARTNER

 

 

 

 

By:

/s/ Gregory Gretsch

 

 

Gregory Gretsch

 

 

Managing Director

 

 

 

 

 

 

 

SIGMA INVESTORS 8, L.P.

 

 

 

 

BY:

SIGMA MANAGEMENT 8, L.L.C.

 

ITS:

GENERAL PARTNER

 

 

 

 

By:

/s/ Gregory Gretsch

 

 

Gregory Gretsch

 

 

Managing Director

 

 

 

 

 

 

 

SIGMA MANAGEMENT 8, L.L.C.

 

 

 

 

 

 

 

By:

/s/ Gregory Gretsch

 

 

Gregory Gretsch

 

 

Managing Director

 

16


Exhibit 99.1

 

AGREEMENT

 

Pursuant to Rule 13d-1(k)(l) promulgated pursuant to the Securities Exchange Act of 1934, as amended, the undersigned agree that the attached Schedule 13G is being filed on behalf of each of the undersigned.

 

 

February 10, 2020

JACKSON SQUARE VENTURES I, L.P.

 

 

 

BY:

JACKSON SQUARE VENTURES, LLC

 

ITS:

GENERAL PARTNER

 

 

 

 

By:

/s/ Gregory Gretsch

 

 

Gregory Gretsch

 

 

Managing Director

 

 

 

 

 

 

 

JACKSON SQUARE ASSOCIATES I, L.P.

 

 

 

 

BY:

JACKSON SQUARE VENTURES, LLC

 

ITS:

GENERAL PARTNER

 

 

 

 

By:

/s/ Gregory Gretsch

 

 

Gregory Gretsch

 

 

Managing Director

 

 

 

 

 

 

 

JACKSON SQUARE VENTURES, LLC

 

 

 

 

 

 

By:

/s/ Gregory Gretsch

 

 

Gregory Gretsch

 

 

Managing Director

 

 

 

 

 

 

 

SIGMA PARTNERS 7, L.P.

 

 

 

 

BY:

SIGMA MANAGEMENT 7, L.L.C.

 

ITS:

GENERAL PARTNER

 

 

 

 

By:

/s/ Gregory Gretsch

 

 

Gregory Gretsch

 

 

Managing Director

 

 

 

 

 

 

 

SIGMA ASSOCIATES 7, L.P.

 

 

 

 

BY:

SIGMA MANAGEMENT 7, L.L.C.

 

ITS:

GENERAL PARTNER

 

 

 

 

By:

/s/ Gregory Gretsch

 

 

Gregory Gretsch

 

 

Managing Director

 

 

 

 

 

 

 

SIGMA INVESTORS 7, L.P.

 

 

 

 

BY:

SIGMA MANAGEMENT 7, L.L.C.

 

ITS:

GENERAL PARTNER

 

 

 

 

By:

/s/ Gregory Gretsch

 

 

Gregory Gretsch

 

 

Managing Director

 

 

 

 

 

 

 

SIGMA MANAGEMENT 7, L.L.C.

 

 

 

 

 

 

 

By:

/s/ Gregory Gretsch

 

 

Gregory Gretsch

 

 

Managing Director

 


 

 

SIGMA PARTNERS 8, L.P.

 

 

 

 

BY:

SIGMA MANAGEMENT 8, L.L.C.

 

ITS:

GENERAL PARTNER

 

 

 

 

By:

/s/ Gregory Gretsch

 

 

Gregory Gretsch

 

 

Managing Director

 

 

 

 

 

 

 

SIGMA ASSOCIATES 8, L.P.

 

 

 

 

BY:

SIGMA MANAGEMENT 8, L.L.C.

 

ITS:

GENERAL PARTNER

 

 

 

 

By:

/s/ Gregory Gretsch

 

 

Gregory Gretsch

 

 

Managing Director

 

 

 

 

 

 

 

SIGMA INVESTORS 8, L.P.

 

 

 

 

BY:

SIGMA MANAGEMENT 8, L.L.C.

 

ITS:

GENERAL PARTNER

 

 

 

 

By:

/s/ Gregory Gretsch

 

 

Gregory Gretsch

 

 

Managing Director

 

 

 

 

 

 

 

SIGMA MANAGEMENT 8, L.L.C.

 

 

 

 

 

 

 

By:

/s/ Gregory Gretsch

 

 

Gregory Gretsch

 

 

Managing Director