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

Role: Chief Financial Officer
Signature: /s/ Poonam Singh, Attorney-in-fact
Issuer symbol: DOCU
Transactions as of: 28 May 2021
Net transactions value: -$17,946
Form type: 4
Filing time: 02 Jun 2021, 18:40:55 UTC
Next filing: 07 Jun 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	DOCU	Common Stock	Options Exercise	$0	+358	+4.5%	$0.000000	8,399	28 May 2021	Direct
transaction	DOCU	Common Stock	Tax liability	$17,946	-90	-1.1%	$199.40	8,309	28 May 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%	$0.000000^*	0	28 May 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.