Cynthia Gaylor - 05 Jun 2021 Form 4 Insider Report for DOCUSIGN, INC. (DOCU)

Signature
/s/ Brian Kelly, Attorney-in-fact
Issuer symbol
DOCU
Transactions as of
05 Jun 2021
Net transactions value
-$19,359
Form type
4
Filing time
07 Jun 2021, 17:37:39 UTC
Previous filing
02 Jun 2021
Next filing
11 Jun 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DOCU Common Stock Options Exercise $0 +804 +9.7% $0.000000 9,113 05 Jun 2021 Direct
transaction DOCU Common Stock Tax liability $19,359 -83 -0.91% $233.24 9,030 05 Jun 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 -804 -33% $0.000000 1,608 05 Jun 2021 Common Stock 804 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 twelve equal quarterly installments over three years, with a vesting commencement date of December 5, 2018, 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.