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*
Burton Mark C.

(Last) (First) (Middle)
77 GEARY STREET, SUITE 400

(Street)
SAN FRANCISCO CA 94108

(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 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
05/02/2018
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)
Code V Amount (A) or (D) Price
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
Stock Option (right to buy) $0.0525 05/02/2018 D 139,826 (1) 02/13/2019 Class B Common Stock 139,826 $0.00 0 D
Stock Option (right to buy) $0.135 05/02/2018 D 55,500 (2) 07/01/2020 Class B Common Stock 55,500 $0.00 0 D
Stock Option (right to buy) $0.68 05/02/2018 D 67,772 (3) 03/20/2023 Class B Common Stock 67,772 $0.00 0 D
Stock Option (right to buy) $2.6 05/02/2018 D 10,000 (4) 02/03/2025 Class B Common Stock 10,000 $0.00 0 D
Stock Option (right to buy) $7.28 05/02/2018 D 25,000 (5) 06/16/2026 Class B Common Stock 25,000 $0.00 0 D
Explanation of Responses:
1. The shares subject to the option are fully vested. Pursuant to the Agreement and Plan of Merger, dated as of March 20, 2018 (the "Merger Agreement"), by and among salesforce.com, inc. ("Salesforce"), Malbec Acquisition Corp. and the Issuer, at the effective time of the merger, each outstanding option was cancelled and converted into the right to receive (i) $36.00 in cash and (ii) 0.0711 of a share of Salesforce common stock, together with cash in lieu of any fractional shares of Salesforce common (the "Transaction Consideration"), with the cash consideration reduced by the aggregate per share exercise price applicable to the option. Upon closing of the merger, the Reporting Person received Transaction Consideration in the amount of $5,026,395.14 in cash, 9,941 shares of Salesforce common stock and $76.23 in lieu of any fractional shares of Salesforce common stock.
2. The shares subject to the option are fully vested. Pursuant to the Merger Agreement, at the effective time of the merger, each outstanding option was cancelled and converted into the right to receive the Transaction Consideration, with the cash consideration reduced by the aggregate per share exercise price applicable to the option. Upon closing of the merger, the Reporting Person received Transaction Consideration in the amount of $1,990,507.50 in cash, 3,946 shares of Salesforce common stock and $6.06 in lieu of any fractional shares of Salesforce common stock.
3. The shares subject to the option are fully vested. Pursuant to the Merger Agreement, at the effective time of the merger, each outstanding option was cancelled and converted into the right to receive the Transaction Consideration, with the cash consideration reduced by the aggregate per share exercise price applicable to the option. Upon closing of the merger, the Reporting Person received Transaction Consideration in the amount of $2,391,941.04 in cash, 4,815 shares of Salesforce common stock and $4.15 in lieu of any fractional shares of Salesforce common stock.
4. Pursuant to the Merger Agreement, at the effective time of the merger, each outstanding option vested in full and was cancelled and converted into the right to receive the Transaction Consideration, with the cash consideration reduced by the aggregate per share exercise price applicable to the option. Upon closing of the merger, the Reporting Person received Transaction Consideration in the amount of $334,000.00 in cash and 711 shares of Salesforce common stock.
5. Pursuant to the Merger Agreement, at the effective time of the merger, each outstanding option vested in full and was cancelled and converted into the right to receive the Transaction Consideration, with the cash consideration reduced by the aggregate per share exercise price applicable to the option. Upon closing of the merger, the Reporting Person received Transaction Consideration in the amount of $718,000.00 in cash, 1,777 shares of Salesforce common stock and $60.63 in lieu of any fractional shares of Salesforce common stock.
Remarks:
/s/ Aref Wardak, by power of attorney 05/03/2018
** 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).
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