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

Role: Chief Financial Officer
Signature: /s/ Brian Kelly, Attorney-in-fact
Issuer symbol: DOCU
Transactions as of: 05 Sep 2021
Net transactions value: -$31,315
Form type: 4
Filing time: 07 Sep 2021, 20:57:24 UTC
Previous filing: 11 Jun 2021
Next filing: 16 Sep 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	+804	+8.9%	$0.000000	9,834	05 Sep 2021	Direct
transaction	DOCU	Common Stock	Tax liability	$31,315	-101	-1%	$310.05	9,733	05 Sep 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%	$0.000000	804	05 Sep 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.