Cynthia Gaylor - Sep 5, 2021 Form 4 Insider Report for DOCUSIGN, INC. (DOCU)

Role
Chief Financial Officer
Signature
/s/ Brian Kelly, Attorney-in-fact
Stock symbol
DOCU
Transactions as of
Sep 5, 2021
Transactions value $
-$31,315
Form type
4
Date filed
9/7/2021, 08:57 PM
Previous filing
Jun 11, 2021
Next filing
Sep 16, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DOCU Common Stock Options Exercise $0 +804 +8.9% $0.00 9.83K Sep 5, 2021 Direct
transaction DOCU Common Stock Tax liability -$31.3K -101 -1.03% $310.05 9.73K Sep 5, 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 -50% $0.00 804 Sep 5, 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.