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

Role
Chief Revenue Officer
Signature
/s/ Brian Kelly, Attorney-in-fact
Issuer symbol
DOCU
Transactions as of
15 Dec 2021
Net transactions value
-$599,076
Form type
4
Filing time
16 Dec 2021, 17:15:05 UTC
Previous filing
20 Sep 2021
Next filing
13 Jan 2022
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 +10,535 +7.3% $0.000000 153,962 15 Dec 2021 Direct
transaction DOCU Common Stock Tax liability $599,076 -4,147 -2.7% $144.46 149,815 15 Dec 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 -3,750 -33% $0.000000 7,500 15 Dec 2021 Common Stock 3,750 Direct F2, F3, F4
transaction DOCU Restricted Stock Units Options Exercise $0 -4,719 -17% $0.000000 23,600 15 Dec 2021 Common Stock 4,719 Direct F2, F4, F5
transaction DOCU Restricted Stock Units Options Exercise $0 -1,193 -9.1% $0.000000 11,932 15 Dec 2021 Common Stock 1,193 Direct F2, F4, F6
transaction DOCU Restricted Stock Units Options Exercise $0 -873 -6.7% $0.000000 12,220 15 Dec 2021 Common Stock 873 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.