James P. Shaughnessy - Dec 15, 2022 Form 4 Insider Report for DOCUSIGN, INC. (DOCU)

Role
Chief Legal Officer
Signature
/s/ Lisa Yun
Stock symbol
DOCU
Transactions as of
Dec 15, 2022
Transactions value $
-$54,726
Form type
4
Date filed
12/16/2022, 03:17 PM
Previous filing
Jul 27, 2022
Next filing
Mar 16, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DOCU Common Stock Options Exercise $0 +2.93K +11724% $0.00 2.96K Dec 15, 2022 Direct
transaction DOCU Common Stock Tax liability -$54.7K -919 -31.09% $59.55 2.04K Dec 15, 2022 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 -2.93K -6.25% $0.00 44K Dec 15, 2022 Common Stock 2.93K Direct F2, F3, F4
* 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 equal quarterly installments over four years, with a vesting commencement date of July 10, 2022, 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.
F4 The RSUs do not expire; they either vest or are cancelled prior to vesting date.