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

Role: SVP, General Counsel
Signature: /s/ Lisa Yun, Attorney-in-fact
Issuer symbol: DOCU
Transactions as of: 10 Apr 2022
Net transactions value: +$8,579
Form type: 4
Filing time: 11 Apr 2022, 20:16:45 UTC
Previous filing: 17 Mar 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	Award	$8,579	+94	+1.3%	$91.26	7,579	05 Apr 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	+28,127		$0.000000	28,127	10 Apr 2022	Common Stock	28,127		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.