Loren Alhadeff - Sep 15, 2021 Form 4 Insider Report for DOCUSIGN, INC. (DOCU)

Role
Chief Revenue Officer
Signature
/s/ Brian Kelly, Attorney-in-fact
Stock symbol
DOCU
Transactions as of
Sep 15, 2021
Transactions value $
-$1,111,581
Form type
4
Date filed
9/16/2021, 09:28 PM
Previous filing
Jul 27, 2021
Next filing
Sep 20, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DOCU Common Stock Options Exercise $0 +10.5K +7.35% $0.00 154K Sep 15, 2021 Direct
transaction DOCU Common Stock Tax liability -$1.11M -4.15K -2.69% $267.98 150K Sep 15, 2021 Direct F1

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 -3.75K -25% $0.00 11.3K Sep 15, 2021 Common Stock 3.75K Direct F2, F3, F4
transaction DOCU Restricted Stock Units Options Exercise $0 -4.72K -14.29% $0.00 28.3K Sep 15, 2021 Common Stock 4.72K Direct F2, F4, F5
transaction DOCU Restricted Stock Units Options Exercise $0 -1.19K -8.33% $0.00 13.1K Sep 15, 2021 Common Stock 1.19K Direct F2, F4, F6
transaction DOCU Restricted Stock Units Options Exercise $0 -872 -6.24% $0.00 13.1K Sep 15, 2021 Common Stock 872 Direct F2, F4, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares withheld by the Issuer to satisfy a tax obligation realized by the Reporting Person upon the vesting and settlement of restricted stock units ("RSU").
F2 Each RSU represents a contingent right to receive one share of common stock of the Issuer upon vesting.
F3 The RSUs will vest in sixteen equal quarterly installments over four years, with a vest commencement date of May 10, 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.
F4 The RSUs do not expire; they either vest or are canceled prior to vesting date.
F5 The RSUs will vest in sixteen equal quarterly installments over four years, with a vesting commencement date of February 10, 2019, 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.
F6 The RSUs will vest in sixteen equal quarterly installments over four years, with a vesting commencement date of May 10, 2020, in each case subject to the Reporting Person being a service provider through such date.The restricted stock units 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.
F7 The RSUs will vest in equal quarterly installments over four years, with a vesting commencement date of May 10, 2021, in each case subject to the Reporting Person being a service provider through each such date. The restricted stock units 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.