Software watermarking enables one to embed some information called “mark” into a program while preserving its functionality, and to read it from the program. As a definition of function preserving, Cohen et al. (STOC 2016) proposed statistical function preserving which requires that the input/output behavior of the marked circuit is identical almost everywhere to that of the original unmarked circuit. They showed how to construct watermarkable cryptographic primitives with statistical function preserving, including pseudorandom functions (PRFs) and public-key encryption from indistinguishability obfuscation. Recently, Goyal et al. (CRYPTO 2019) introduced more relaxed definition of function preserving for watermarkable signature. Watermarkable signature embeds a mark into a signing circuit of digital signature. The relaxed function preserving only requires that the marked signing circuit outputs valid signatures. They provide watermarkable signature with the relaxed function preserving only based on (standard) digital signature. In this work, we introduce an intermediate notion of function preserving for watermarkable signature, which is called computational function preserving. Then, we examine the relationship among our computational function preserving, relaxed function preserving by Goyal et al., and statistical function preserving by Cohen et al. Furthermore, we propose a generic construction of watermarkable signature scheme satisfying computational function preserving based on public key encryption and (standard) digital signature.