Tram T. Phi - Apr 10, 2022 Form 4 Insider Report for DOCUSIGN, INC. (DOCU)

Role
SVP, General Counsel
Signature
/s/ Lisa Yun, Attorney-in-fact
Stock symbol
DOCU
Transactions as of
Apr 10, 2022
Transactions value $
$8,579
Form type
4
Date filed
4/11/2022, 08:16 PM
Previous filing
Mar 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DOCU Common Stock Award $8.58K +94 +1.26% $91.26 7.58K Apr 5, 2022 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 Award $0 +28.1K $0.00 28.1K Apr 10, 2022 Common Stock 28.1K Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares purchased pursuant to the Docusign, Inc. 2018 Employee Stock Purchase Plan ("ESPP"), for the ESPP purchase period of October 6, 2021, through April 5, 2022. In accordance with the ESPP, these shares were purchased at a price equal to 85% of the closing price of the issuer's common stock on April 5, 2022.
F2 Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock of the Issuer upon vesting.
F3 The RSUs will vest in full on the one year anniversary of the vesting commencement date of April 10, 2022, 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.
F4 The RSUs do not expire; they either vest or are cancelled prior to vesting date.