Daniel D. Springer - 17 Jun 2024 Form 4 Insider Report for DOCUSIGN, INC. (DOCU)

Role
Director
Signature
/s/ Derrick Chapman, Attorney-in-fact
Issuer symbol
DOCU
Transactions as of
17 Jun 2024
Net transactions value
$0
Form type
4
Filing time
17 Jun 2024, 20:12:38 UTC
Previous filing
30 May 2024
Next filing
24 Jun 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DOCU Common Stock Options Exercise $0 +5,520 +0.52% $0.000000 1,068,415 17 Jun 2024 Direct
transaction DOCU Common Stock Tax liability $0 -972 -0.09% $0.000000 1,067,443 17 Jun 2024 Direct F1
holding DOCU Common Stock 139,825 17 Jun 2024 By Trust

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction DOCU Restricted Stock Units Options Exercise $0 -3,338 -100% $0.000000* 0 17 Jun 2024 Common Stock 3,338 Direct F2, F3, F4
transaction DOCU Restricted Stock Units Options Exercise $0 -2,182 -20% $0.000000 8,728 17 Jun 2024 Common Stock 2,182 Direct F2, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares withheld by the Issuer to satisfy a tax obligation realized by the Reporting Person upon the vesting and settlement of restricted stock units.
F2 Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
F3 The RSUs will vest in sixteen equal quarterly installments over four years, with a vesting commencement date of May 10, 2020, in each case subject to the Reporting Person being a service provider through such date.The restricted stock units are subject to accelerated vesting in the event of a termination of employment of the Reporting Person including under certain circumstances following a change in control of the Issuer.
F4 The RSUs do not expire; they either vest or are canceled prior to vesting date.
F5 The RSUs will vest in equal quarterly installments over four years, with a vesting commencement date of May 10, 2021, in each case subject to the Reporting Person being a service provider through each such date. The restricted stock units are subject to accelerated vesting in the event of a termination of employment of the Reporting Person including under certain circumstances following a change in control of the Issuer.