Cynthia Gaylor - May 28, 2021 Form 4 Insider Report for DOCUSIGN, INC. (DOCU)

Signature
/s/ Poonam Singh, Attorney-in-fact
Stock symbol
DOCU
Transactions as of
May 28, 2021
Transactions value $
-$17,946
Form type
4
Date filed
6/2/2021, 06:40 PM
Next filing
Jun 7, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DOCU Common Stock Options Exercise $0 +358 +4.45% $0.00 8.4K May 28, 2021 Direct
transaction DOCU Common Stock Tax liability -$17.9K -90 -1.07% $199.40 8.31K May 28, 2021 Direct

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 -358 -100% $0.00* 0 May 28, 2021 Common Stock 358 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
F2 The RSUs will vest in equal quarterly installments over one year, with a vesting commencement date of May 29, 2020, 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.
F3 The RSUs do not expire; they either vest or are canceled prior to vesting date.