Loren Alhadeff - Dec 15, 2021 Form 4 Insider Report for DOCUSIGN, INC. (DOCU)

Role
Chief Revenue Officer
Signature
/s/ Brian Kelly, Attorney-in-fact
Stock symbol
DOCU
Transactions as of
Dec 15, 2021
Transactions value $
-$599,076
Form type
4
Date filed
12/16/2021, 05:15 PM
Previous filing
Sep 20, 2021
Next filing
Jan 13, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DOCU Common Stock Options Exercise $0 +10.5K +7.35% $0.00 154K Dec 15, 2021 Direct
transaction DOCU Common Stock Tax liability -$599K -4.15K -2.69% $144.46 150K Dec 15, 2021 Direct F1

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 -3.75K -33.33% $0.00 7.5K Dec 15, 2021 Common Stock 3.75K Direct F2, F3, F4
transaction DOCU Restricted Stock Units Options Exercise $0 -4.72K -16.66% $0.00 23.6K Dec 15, 2021 Common Stock 4.72K Direct F2, F4, F5
transaction DOCU Restricted Stock Units Options Exercise $0 -1.19K -9.09% $0.00 11.9K Dec 15, 2021 Common Stock 1.19K Direct F2, F4, F6
transaction DOCU Restricted Stock Units Options Exercise $0 -873 -6.67% $0.00 12.2K Dec 15, 2021 Common Stock 873 Direct F2, F4, F7
* 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 ("RSU").
F2 Each RSU represents a contingent right to receive one share of common stock of the Issuer upon vesting.
F3 The RSUs will vest in sixteen equal quarterly installments over four years, with a vest commencement date of May 10, 2018, in each case subject to the Reporting Person being a service provider through each such date. The RSUs 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 sixteen equal quarterly installments over four years, with a vesting commencement date of February 10, 2019, in each case subject to the Reporting Person being a service provider through each such date. The RSUs 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.
F6 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.
F7 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.