Mhatre Ravi Form 4 MULESOFT / Ravi Mhatre ownership change

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

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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^*

Mhatre Ravi

(Last)

(First)

(Middle)

2200 SAND HILL ROAD

(Street)

MENLO PARK

94025

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
MULESOFT, INC [ MULE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
11/27/2017

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	11/27/2017		C⁽¹⁾		1,700,000	A	⁽¹⁾	1,700,000	I	by Lightspeed Venture Partners VII, L.P.⁽²⁾⁽³⁾
Class A Common Stock	11/27/2017		J⁽⁴⁾		1,700,000	D	⁽⁴⁾	0	I	By Lightspeed Venture Partners VII, L.P.⁽²⁾⁽³⁾
Class A Common Stock	11/27/2017		J⁽⁴⁾		395,670	A	⁽⁴⁾	395,670	I	By Lightspeed General Partner VII, L.P.⁽²⁾⁽⁵⁾
Class A Common Stock	11/27/2017		J⁽⁶⁾		395,670	D	⁽⁶⁾	0	I	By Lightspeed General Partner VII, L.P.⁽²⁾⁽⁵⁾
Class A Common Stock	11/27/2017		J⁽⁶⁾		59,111	A	⁽⁶⁾	59,111	D
Class A Common Stock	11/27/2017		C⁽¹⁾		400,000	A	⁽¹⁾	400,000	I	By Lightspeed Venture Partners Select, L.P.⁽⁷⁾⁽⁸⁾
Class A Common Stock	11/27/2017		J⁽⁹⁾		400,000	D	⁽⁹⁾	0	I	By Lightspeed Venture Partners Select, L.P.⁽⁷⁾⁽⁸⁾
Class A Common Stock	11/27/2017		J⁽⁹⁾		6,033	A	⁽⁹⁾	6,033	I	By Lightspeed General Partner Select, L.P.⁽⁷⁾⁽¹⁰⁾
Class A Common Stock	11/27/2017		J⁽¹¹⁾		6,033	D	⁽¹¹⁾	0	I	By Lightspeed General Partner Select, L.P.⁽⁷⁾⁽¹⁰⁾
Class A Common Stock	11/27/2017		J⁽¹¹⁾		945	A	⁽¹¹⁾	945	I	by Mhatre Investments LP-Fund 4⁽¹²⁾

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Class B Common Stock	⁽¹⁾	11/27/2017		C⁽¹⁾			1,700,000	⁽¹⁾	⁽¹⁾	Class A Common Stock	1,700,000	⁽¹⁾	14,047,715	I	By Lightspeed Venture partners VII, L.P.⁽²⁾⁽³⁾
Class B Common Stock	⁽¹⁾	11/27/2017		C⁽¹⁾			400,000	⁽¹⁾	⁽¹⁾	Class A Common Stock	400,000	⁽¹⁾	3,171,808	I	By Lightspeed Venture Partners Select, L.P.⁽⁷⁾⁽⁸⁾

Explanation of Responses:

1. Represents conversion of shares of the Issuer's Class B Common Stock into shares of the Issuer's Class A Common Stock on a 1-for-1 basis. The convertibility of the Class B Common Stock has no expiration date.

2. Lightspeed Ultimate General Partner VII, Ltd. is the sole general partner of Lightspeed General Partner VII, L.P. ("LGP VII"), which is the sole general partner of Lightspeed Venture Partners VII, L.P. ("Lightspeed VII"). The individual directors of Lightspeed Ultimate General Partner VII, Ltd. are Christopher J. Schaepe, Barry Eggers, Ravi Mhatre and Peter Nieh. Messrs. Schaepe, Eggers, Mhatre, and Nieh disclaim their beneficial ownership of the shares except to the extent of their pecuniary interest therein.

3. The shares are held of record by Lightspeed VII.

4. Represents in-kind distribution by Lightspeed VII without consideration to its partners (including LGP VII, the general partner of Lightspeed VII).

5. The shares are held of record by LGP VII.

6. Represents in-kind distribution by LGP VII without consideration to its partners (including Messrs. Schaepe, Eggers, Mhatre, and Nieh).

7. Lightspeed Ultimate General Partner Select, Ltd. is the sole general partner of Lightspeed General Partner Select, L.P. ("LGP Select"), which is the sole general partner of Lightspeed Venture Partners Select, L.P. ("Lightspeed Select"). The individual directors of Lightspeed Ultimate General Partner Select, Ltd. are Barry Eggers, Jeremy Liew, Ravi Mhatre, Peter Nieh, Christopher J. Schaepe and John Vrionis. Messrs. Eggers, Liew, Mhatre, Nieh, Schaepe and Vrionis disclaim their beneficial ownership of the shares except to the extent of their pecuniary interest therein.

8. The shares are held of record by Lightspeed Select.

9. Represents in-kind distribution by Lightspeed Select without consideration to its partners (including LGP Select, the general partner of Lightspeed Select).

10. The shares are held of record by LGP Select.

11. Represents in-kind distribution by LGP Select without consideration to its partners (including Messrs. Schaepe, Eggers, Liew, Mhatre, Nieh and Vrionis).

12. The shares are held of record by Mhatre Investments LP-Fund 4. Ravi Mhatre serves as trustee of the general partner of such entity.

Remarks:

	/s/ Ravi Mhatre	11/29/2017
	** Signature of Reporting Person	Date
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).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Mhatre Ravi Form 4MULESOFT / Ravi Mhatre ownership change