Jive Software (JIVE) Form 4 Jive Software / CAPITAL GROWTH PARTNERS SEQUOIA III 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^*

SCGF III MANAGEMENT LLC

(Last) (First) (Middle)

2800 SAND HILL ROAD, SUITE 101

(Street)

MENLO PARK CA 94025

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Jive Software, Inc. [ JIVE ]

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

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

3. Date of Earliest Transaction (Month/Day/Year)
08/16/2016

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

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

	Form filed by One Reporting Person
X	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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/16/2016		S		6,520	D	$4.0887(1)	0	I	By Sequoia Venture(2)
Common Stock								12,852,325	I	By Sequoia III(3)
Common Stock								110,534	I	By Sequoia Partners(4)
Common Stock								597,327	I	By Sequoia Principals(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 (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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

1. Name and Address of Reporting Person^*

SCGF III MANAGEMENT LLC

(Last) (First) (Middle)

2800 SAND HILL ROAD, SUITE 101

(Street)

MENLO PARK CA 94025

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

SEQUOIA CAPITAL GROWTH FUND III

(Last) (First) (Middle)

2800 SAND HILL ROAD, SUITE 101

(Street)

MENLO PARK CA 94025

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

SEQUOIA CAPITAL GROWTH III PRINCIPALS FUND

(Last) (First) (Middle)

2800 SAND HILL ROAD, SUITE 101

(Street)

MENLO PARK CA 94025

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

SEQUOIA CAPITAL GROWTH PARTNERS III

(Last) (First) (Middle)

2800 SAND HILL ROAD, SUITE 101

(Street)

MENLO PARK CA 94025

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

SC U.S. VENTURE 2010 MANAGEMENT, L.P.

(Last) (First) (Middle)

2800 SAND HILL ROAD, SUITE 101

(Street)

MENLO PARK CA 94025

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

SC US (TTGP), LTD.

(Last) (First) (Middle)

2800 SAND HILL ROAD, SUITE 101

(Street)

MENLO PARK CA 94025

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

SEQUOIA CAPITAL U.S. VENTURE 2010-SEED FUND, L.P.

(Last) (First) (Middle)

2800 SAND HILL ROAD, SUITE 101

(Street)

MENLO PARK CA 94025

(City) (State) (Zip)

Explanation of Responses:

1. The transaction was executed in multiple trades at prices ranging from $4.06 per share to $4.1325 per share. The price reported above reflects the weighted average sales price. Upon request by the Commission staff, the Issuer or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.

2. Shares are held directly by Sequoia Capital U.S. Venture 2010 - Seed Fund, L.P. ("Sequoia Venture"). SC U.S. Venture 2010 Management, L.P., the general partner of Sequoia Venture, may be deemed to share voting and dispositive power with respect to the shares held by Sequoia Venture. SC US (TTGP), LTD., the general partner of SC U.S. Venture 2010 Management, L.P., may be deemed to share voting and dispositive power with respect to the shares held by Sequoia Venture. Each of these entities disclaims beneficial ownership of the securities held by Sequoia Venture, except to the extent of any pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or for any other purposes.

3. Shares are held directly by Sequoia Capital Growth Fund III, L.P., ("Sequoia III"). SCGF III Management, LLC, the general partner of Sequoia III, may be deemed to share voting and dispositive power with respect to the shares held by Sequoia III. Each of these entities disclaims beneficial ownership of the securities held by Sequoia III, except to the extent of any pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or for any other purposes.

4. Shares are held directly by Sequoia Capital Growth Partners III, L.P., ("Sequoia Partners"). SCGF III Management, LLC, the general partner of Sequoia Partners, may be deemed to share voting and dispositive power with respect to the shares held by Sequoia Partners. Each of these entities disclaims beneficial ownership of the securities held by Sequoia Partners, except to the extent of any pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or for any other purposes.

5. Shares are held directly by Sequoia Capital Growth III Principals Fund LLC, ("Sequoia Principals"). SCGF III Management, LLC, the managing member of Sequoia Principals, may be deemed to share voting and dispositive power with respect to the shares held by Sequoia Principals. Each of these entities disclaims beneficial ownership of the securities held by Sequoia Principals, except to the extent of any pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or for any other purposes.

Remarks:

	/s/ Melinda Dunn, by power of attorney for James J. Goetz, a Director of SC US (TTGP), Ltd.	08/18/2016
	/s/ Melinda Dunn, by power of attorney for James J. Goetz, a Director of SC US (TTGP), Ltd., the General Partner of SC U.S. Venture 2010 Management, L.P.	08/18/2016
	/s/ Melinda Dunn, by power of attorney for James J. Goetz, a Director of SC US (TTGP), Ltd., the General Partner of SC U.S. Venture 2010 Management, L.P., the General Partner of Sequoia Capital U.S. Venture 2010 - Seed Fund LP	08/18/2016
	/s/ Melinda Dunn, by power of attorney for James J. Goetz, a Managing Member of SCGF III Management, LLC	08/18/2016
	/s/ Melinda Dunn, by power of attorney for James J. Goetz, a Managing Member of SCGF III Management, LLC, the General Partner of Sequoia Capital Growth Fund III L.P.	08/18/2016
	/s/ Melinda Dunn, by power of attorney for James J. Goetz, a Managing Member of SCGF III Management, LLC, the Managing Member of Sequoia Capital Growth III Principals Fund LLC	08/18/2016
	/s/ Melinda Dunn, by power of attorney for James J. Goetz, a Managing Member of SCGF III Management, LLC, the General Partner of Sequoia Capital Growth Partners III L.P.	08/18/2016
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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