Sec Form 4 Filing - Lightspeed Venture Partners VII, L.P. @ MULESOFT, INC - 2017-03-22

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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
Lightspeed Venture Partners VII, L.P.
2. Issuer Name and Ticker or Trading Symbol
MULESOFT, INC [ MULE]
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)
2200 SAND HILL ROAD
3. Date of Earliest Transaction (MM/DD/YY)
03/22/2017
(Street)
MENLO PARK, CA94025
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 03/22/2017 C 15,747,715 A 15,747,715 D ( 5 )
Common Stock ( 6 ) 03/22/2017 J 15,747,715 D 0 D ( 5 )
Common Stock 03/22/2017 C 2,956,804 A 3,571,808 I See footnote ( 9 )
Common Stock ( 6 ) 03/22/2017 J 3,571,808 D 0 I See footnote ( 9 )
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
(Instr. 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
Series B Preferred Stock ( 1 ) ( 1 ) 03/22/2017 C 9,950,576 ( 1 ) ( 1 ) Common Stock 9,950,576 $ 0 0 D ( 5 )
Series C Preferred Stock ( 2 ) ( 2 ) 03/22/2017 C 2,742,060 ( 2 ) ( 2 ) Common Stock 2,742,060 $ 0 0 D ( 5 )
Series D Preferred Stock ( 3 ) ( 3 ) 03/22/2017 C 1,580,300 ( 3 ) ( 3 ) Common Stock 1,580,300 $ 0 0 D ( 5 )
Series E Preferred Stock ( 4 ) ( 4 ) 03/22/2017 C 1,474,779 ( 4 ) ( 4 ) Common Stock 1,474,779 $ 0 0 D ( 5 )
Series F Preferred Stock ( 7 ) ( 7 ) 03/22/2017 C 2,066,115 ( 7 ) ( 7 ) Common Stock 2,066,115 $ 0 0 I See footnote ( 9 )
Series G Preferred Stock ( 8 ) ( 8 ) 03/22/2017 C 890,689 ( 8 ) ( 8 ) Common Stock 890,689 $ 0 0 I See footnote ( 9 )
Class B Common Stock ( 6 ) ( 10 ) ( 10 ) 03/22/2017 J 15,747,715 ( 10 ) ( 10 ) Class A Common Stock 15,747,715 $ 0 15,747,715 D ( 5 )
Class B Common Stock ( 6 ) ( 10 ) ( 10 ) 03/22/2017 J 3,571,808 ( 10 ) ( 10 ) Class A Common Stock 3,571,808 $ 0 3,571,808 I See footnote ( 9 )
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Lightspeed Venture Partners VII, L.P.
2200 SAND HILL ROAD
MENLO PARK, CA94025
X
Lightspeed General Partner VII, L.P.
2200 SAND HILL ROAD
MENLO PARK, CA94025
X
Lightspeed Ultimate General Partner VII, Ltd.
2200 SAND HILL ROAD
MENLO PARK, CA94025
X
Eggers Barry
2200 SAND HILL ROAD
MENLO PARK, CA94025
X
Nieh Peter
2200 SAND HILL ROAD
MENLO PARK, CA94025
X
SCHAEPE CHRISTOPHER J
2200 SAND HILL ROAD
MENLO PARK, CA94025
X
Signatures
/s/ Ravi Mhatre, director of Lightspeed Ultimate General Partner VII, Ltd., the sole general partner of Lightspeed General Partner VII, L.P., the sole general partner of Lightspeed Venture Partners VII, L.P. 03/22/2017
Signature of Reporting Person Date
/s/ Ravi Mhatre, director of Lightspeed Ultimate General Partner VII, Ltd., the sole general partner of Lightspeed General Partner VII, L.P. 03/22/2017
Signature of Reporting Person Date
/s/ Ravi Mhatre, director of Lightspeed Ultimate General Partner VII, Ltd. 03/22/2017
Signature of Reporting Person Date
/s/ Barry Eggers 03/22/2017
Signature of Reporting Person Date
/s/ Peter Y. Nieh 03/22/2017
Signature of Reporting Person Date
/s/ Christopher J. Schaepe 03/22/2017
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The Series B Preferred Stock automatically converted into Common Stock on a 1:1 basis immediately prior to the closing of the Issuer's initial public offering and had no expiration date.
( 2 )The Series C Preferred Stock automatically converted into Common Stock on a 1:1 basis immediately prior to the closing of the Issuer's initial public offering and had no expiration date.
( 3 )The Series D Preferred Stock automatically converted into Common Stock on a 1:1 basis immediately prior to the closing of the Issuer's initial public offering and had no expiration date.
( 4 )The Series E Preferred Stock automatically converted into Common Stock on a 1:1 basis immediately prior to the closing of the Issuer's initial public offering and had no expiration date.
( 5 )The shares are held of record by Lightspeed Venture Partners VII, L.P. ("Lightspeed VII"). Lightspeed General Partner VII, L.P. ("Lightspeed GP") is the general partner of Lightspeed VII. Lightspeed Ultimate General Partner VII, Ltd. ("Lightspeed UGP") is the general partner of Lightspeed GP. Barry Eggers, Ravi Mhatre, Peter Nieh and Christopher Schaepe are the managing directors of Lightspeed UGP and share voting and dispositive power with respect to the shares held of record by Lightspeed VII. Each reporting person disclaims beneficial ownership of such shares except to the extent of his or its pecuniary interest therein.
( 6 )Immediately prior to the closing of the Issuer's initial public offering and following the conversion of each series of the Issuer's convertible preferred stock into Common Stock, each share of Common Stock was reclassified into one share of Class B Common Stock in an exempt transaction pursuant to Rule 16b-7.
( 7 )The Series F Preferred Stock automatically converted into Common Stock on a 1:1 basis immediately prior to the closing of the Issuer's initial public offering and had no expiration date.
( 8 )The Series G Preferred Stock automatically converted into Common Stock on a 1:1 basis immediately prior to the closing of the Issuer's initial public offering and had no expiration date.
( 9 )The shares are held of record by Lightspeed Venture Partners Select, L.P. ("Lightspeed Select"). Lightspeed General Partner Select, L.P. ("Select GP") is the general partner of Lightspeed Select. Lightspeed Ultimate General Partner Select, Ltd. ("Select UGP") is the general partner of Select GP. Barry Eggers, Christopher Schaepe, Jeremy Liew, John Vrionis, Peter Nieh and Ravi Mhatre are the managing directors of Select UGP and share voting and dispositive power with respect to the shares held of record by Lightspeed Select. Each reporting person disclaims beneficial ownership of such shares except to the extent of his or its pecuniary interest therein.
( 10 )Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder and has no expiration date.

Remarks:
This filing is Part 1 of 2.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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