Daniel D. Springer - Mar 15, 2023 Form 4 Insider Report for DOCUSIGN, INC. (DOCU)

Role
Director
Signature
/s/ Lisa Yun, Attorney-in-fact
Stock symbol
DOCU
Transactions as of
Mar 15, 2023
Transactions value $
$0
Form type
4
Date filed
3/16/2023, 07:22 PM
Previous filing
Jan 23, 2023
Next filing
Jun 1, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DOCU Common Stock Options Exercise $0 +21.8K +1.78% $0.00 1.25M Mar 15, 2023 Direct
transaction DOCU Common Stock Tax liability $0 -6.22K -0.5% $0.00 1.24M Mar 15, 2023 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 -10.8K -66.67% $0.00 5.38K Mar 15, 2023 Common Stock 10.8K Direct F2, F3, F4
transaction DOCU Restricted Stock Units Options Exercise $0 -6.67K -28.57% $0.00 16.7K Mar 15, 2023 Common Stock 6.67K Direct F2, F4, F5
transaction DOCU Restricted Stock Units Options Exercise $0 -4.36K -18.18% $0.00 19.6K Mar 15, 2023 Common Stock 4.36K Direct F2, F4, F6
* 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 vesting commencement date of May 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.
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 May 10, 2020, in each case subject to the Reporting Person being a service provider through such date.The RSUs 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.
F6 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 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.