Sec Form 4 Filing - Bay Management Co XI LLC @ MULESOFT, INC - 2017-09-18

Insider filing report for Changes in Beneficial Ownership
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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
Bay Management Co XI LLC
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)
2180 SAND HILL ROAD, SUITE 345
3. Date of Earliest Transaction (MM/DD/YY)
09/18/2017
(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
Class A Common Stock 09/18/2017 J( 1 ) 1,990,000 D $ 0 3,036,747 I See footnote ( 2 )
Class A Common Stock 09/18/2017 J( 3 ) 10,000 D $ 0 21,660 I See footnote ( 4 )
Class A Common Stock 09/18/2017 J( 1 )( 3 ) 62,359 A $ 0 127,111 D ( 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
(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
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Bay Management Co XI LLC
2180 SAND HILL ROAD, SUITE 345
MENLO PARK, CA94025
X
Bay Partners XI L P
2180 SAND HILL ROAD, SUITE 345
MENLO PARK, CA94025
X
BAY PARTNERS XI PARALLEL FUND L P
2180 SAND HILL ROAD, SUITE 345
MENLO PARK, CA94025
X
PHILLIPS STUART G
2180 SAND HILL ROAD, SUITE 345
MENLO PARK, CA94025
X
Signatures
Bay Management Company XI, LLC /s/ Stuart G. Phillips, Managing Member 09/19/2017
Signature of Reporting Person Date
Bay Partners XI, L.P., by Bay Management Company XI, LLC, its general partner /s/ Stuart G. Phillips, Managing Member 09/19/2017
Signature of Reporting Person Date
Bay Partners XI Parallel Fund, L.P., by Bay Management Company XI, LLC, its general partner /s/ Stuart G. Phillips, Managing Member 09/19/2017
Signature of Reporting Person Date
/s/ Stuart G. Phillips 09/19/2017
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Represents a pro-rata, in-kind distribution by Bay Partners XI, L.P. ("BP XI") without additional consideration, to its respective partners, members and assigns.
( 2 )Shares are held by BP XI. Bay Management Company XI, LLC ("BMC XI"), the general partner of BP XI, has sole voting and dispositive power with respect to the shares held by BP XI. Stuart G. Phillips, the managing member of BMC XI, has sole voting and dispositive power with respect to the shares held by BP XI. Each such person and entity disclaims the existence of a "group" and disclaims beneficial ownership of any securities (except to the extent of such person's or entity's pecuniary interest in such securities).
( 3 )Represents a pro-rata, in-kind distribution by Bay Partners XI Parallel Fund, L.P. ("Parallel XI") without additional consideration, to its respective partners, members and assigns.
( 4 )Shares are held by Parallel XI. BMC XI, the general partner of Parallel XI, has sole voting and dispositive power with respect to the shares held by Parallel XI. Stuart G. Phillips, the managing member of BMC XI, has sole voting and dispositive power with respect to the shares held by Parallel XI. Each such person and entity disclaims the existence of a "group" and disclaims beneficial ownership of any securities (except to the extent of such person's or entity's pecuniary interest in such securities).
( 5 )Shares are owned directly by Stuart G. Phillips.

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