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

Role: Chief Operating Officer
Signature: /s/ Lisa Yun, Attorney-in-fact
Issuer symbol: DOCU
Transactions as of: 15 Jun 2022
Net transactions value: -$166,169
Form type: 4
Filing time: 16 Jun 2022, 19:55:30 UTC
Previous filing: 06 Apr 2022
Next filing: 05 Jul 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	+5,848	+2.5%	$0.000000	236,511	15 Jun 2022	Direct
transaction	DOCU	Common Stock	Tax liability	$166,169	-2,901	-1.2%	$57.28	233,610	15 Jun 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	-3,071	-20%	$0.000000	12,285	15 Jun 2022	Common Stock	3,071		Direct	F2, F3, F4
transaction	DOCU	Restricted Stock Units	Options Exercise	$0	-1,468	-11%	$0.000000	11,748	15 Jun 2022	Common Stock	1,468		Direct	F2, F4, F5
transaction	DOCU	Restricted Stock Units	Options Exercise	$0	-1,309	-7.7%	$0.000000	15,711	15 Jun 2022	Common Stock	1,309		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.