Enrique T. Salem - 06 Jan 2022 Form 4 Insider Report for DOCUSIGN, INC. (DOCU)

Role: Director
Signature: /s/ Enrique T. Salem
Issuer symbol: DOCU
Transactions as of: 06 Jan 2022
Net transactions value: -$2,545,172
Form type: 4
Filing time: 10 Jan 2022, 18:20:13 UTC
Previous filing: 21 Dec 2021
Next filing: 02 Mar 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	DOCU	Common Stock	Gift	$0	-1,500	-0.92%	$0.000000	161,397	06 Jan 2022	Direct
transaction	DOCU	Common Stock	Options Exercise	$10,700	+5,000	+3.1%	$2.14	166,397	06 Jan 2022	Direct
transaction	DOCU	Common Stock	Sale	$725,300	-5,000	-3%	$145.06	161,397	06 Jan 2022	Direct
transaction	DOCU	Common Stock	Options Exercise	$10,700	+5,000	+3.1%	$2.14	166,397	07 Jan 2022	Direct
transaction	DOCU	Common Stock	Sale	$1,841,272	-13,500	-8.1%	$136.39	152,897	07 Jan 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	Option (Right to Buy)	Options Exercise	$0	-5,000	-40%	$0.000000	7,500	06 Jan 2022	Common Stock	5,000	$2.14	Direct	F2
transaction	DOCU	Option (Right to Buy)	Options Exercise	$0	-5,000	-67%	$0.000000	2,500	07 Jan 2022	Common Stock	5,000	$2.14	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $136.02 to $136.61, inclusive. The reporting person undertakes to provide to DocuSign, Inc., any security holder of DocuSign, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
F2	This stock option was fully vested on the transaction date.

Content

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $136.02 to $136.61, inclusive. The reporting person undertakes to provide to DocuSign, Inc., any security holder of DocuSign, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.

This stock option was fully vested on the transaction date.