Scott V. Olrich - Jun 15, 2022 Form 4 Insider Report for DOCUSIGN, INC. (DOCU)

Role
Chief Operating Officer
Signature
/s/ Lisa Yun, Attorney-in-fact
Stock symbol
DOCU
Transactions as of
Jun 15, 2022
Transactions value $
-$166,169
Form type
4
Date filed
6/16/2022, 07:55 PM
Previous filing
Apr 6, 2022
Next filing
Jul 5, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DOCU Common Stock Options Exercise $0 +5.85K +2.54% $0.00 237K Jun 15, 2022 Direct
transaction DOCU Common Stock Tax liability -$166K -2.9K -1.23% $57.28 234K Jun 15, 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 Options Exercise $0 -3.07K -20% $0.00 12.3K Jun 15, 2022 Common Stock 3.07K Direct F2, F3, F4
transaction DOCU Restricted Stock Units Options Exercise $0 -1.47K -11.11% $0.00 11.7K Jun 15, 2022 Common Stock 1.47K Direct F2, F4, F5
transaction DOCU Restricted Stock Units Options Exercise $0 -1.31K -7.69% $0.00 15.7K Jun 15, 2022 Common Stock 1.31K Direct F2, F4, F6
* 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 the Issuer's common stock.
F3 The RSUs will vest in sixteen equal quarterly installments over four years, with a vesting commencement date of May 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.
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 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.
F6 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.