Sec Form 4 Filing - MOBIUS VI LLC @ Rally Software Development Corp - 2013-07-30

FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person MOBIUS VI LLC 2. Issuer Name and Ticker or Trading Symbol Rally Software Development Corp [ RALY] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director X __ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) 1050 WALNUT STREET, STE 210 3. Date of Earliest Transaction (MM/DD/YY) 07/30/2013 (Street) BOULDER, CO80302 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) _____ Form filed by One Reporting Person __ X __ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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 07/30/2013 S 653,529 D $ 23.5373 927,980 I By Mobius Technology Ventures VI L.P. ( 1 ) ( 5 ) Common Stock 07/30/2013 S 700,932 D $ 23.5373 995,291 I By SOFTBANK U.S. Ventures VI L.P. ( 2 ) ( 5 ) Common Stock 07/30/2013 S 25,460 D $ 23.5373 36,149 I By Mobius Technology Ventures Advisors Fund VI L.P. ( 3 ) ( 5 ) Common Stock 07/30/2013 S 26,726 D $ 23.5373 37,947 I By Mobius Technology Ventures Side Fund VI L.P. ( 4 ) ( 5 )

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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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 (MM/DD/YY) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (In str. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: 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

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other MOBIUS VI LLC 1050 WALNUT STREET, STE 210 BOULDER, CO80302 X MOBIUS TECHNOLOGY VENTURES VI LP 1050 WALNUT STREET, STE 210 BOULDER, CO80302 X SOFTBANK U S VENTURES VI L P 1050 WALNUT STREET, STE 210 BOULDER, CO80302 X MOBIUS TECHNOLOGY VENTURES SIDE FUND VI L P 1050 WALNUT STREET, STE 210 BOULDER, CO80302 X MOBIUS TECHNOLOGY VENTURES ADVISORS FUND VI L P 1050 WALNUT STREET, STE 210 BOULDER, CO80302 X FELD BRADLEY A 1050 WALNUT STREET, STE 210 BOULDER, CO80302 X MENDELSON JASON A 1050 WALNUT STREET, STE 210 BOULDER, CO80302 X Signatures Mobius VI LLC By: /s/ Bradley A. Feld, Managing Member 08/01/2013 Signature of Reporting Person Date Mobius Technology Ventures VI L.P. By: Mobius VI LLC By: /s/ Bradley A. Feld, Managing Member 08/01/2013 Signature of Reporting Person Date SOFTBANK U.S. Ventures VI L.P. By: Mobius VI LLC By: /s/ Bradley A. Feld, Managing Member 08/01/2013 Signature of Reporting Person Date Mobius Technology Ventures Side Fund VI L.P. By: Mobius VI LLC By: /s/ Bradley A. Feld, Managing Member 08/01/2013 Signature of Reporting Person Date Mobius Technology Ventures Advisors Fund VI L.P. By: Mobius VI LLC By: /s/ Bradley A. Feld, Managing Member 08/01/2013 Signature of Reporting Person Date /s/ Bradley A. Feld 08/01/2013 Signature of Reporting Person Date /s/ Jason Mendelson 08/01/2013 Signature of Reporting Person Date

Explanation of Responses:

( 1 )The securities are held by Mobius Technology Ventures VI L.P. ("Mobius Technology VI"). ( 2 )The securities are held by SOFTBANK U.S. Ventures VI L.P. ("Softbank"). ( 3 )The securities are held by Mobius Technology Ventures Advisors Fund VI L.P. ("Mobius Advisors Fund"). ( 4 )The securities are held by Mobius Technology Ventures Side Fund VI L.P. ("Mobius Side Fund"). ( 5 )Mobius VI LLC ("Mobius VI") is the General Partner of Mobius Technology VI, Softbank, Mobius Side Fund and Mobius Advisors Fund (collectively, the "Mobius Funds"). Mobius VI may be deemed to indirectly beneficially own the securities owned by the Mobius Funds. Bradley A. Feld and Jason Mendelson are Managing Directors of Mobius VI and each share voting and dispositive power over the securities held by Mobius Funds. Each disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

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