Mary Agnes Wilderotter - Jun 23, 2022 Form 4 Insider Report for DOCUSIGN, INC. (DOCU)

Role
Interim CEO, Director
Signature
/s/ Lisa Yun, Attorney-in-fact
Stock symbol
DOCU
Transactions as of
Jun 23, 2022
Transactions value $
$0
Form type
4
Date filed
6/24/2022, 05:11 PM
Previous filing
Jun 21, 2022
Next filing
Sep 7, 2022

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 +60.2K $0.00 60.2K Jun 23, 2022 Common Stock 60.2K Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
F2 The RSU award will vest as follows: (i) 50% of the RSU award shall vest on the earlier of the six-month anniversary of the grant date, the appointment of a permanent chief executive officer or a change in control of the Company; and (ii) 50% of the RSU award shall vest in three equal installments, with 1/3 of the shares vesting on each of the four-month, seven-month and twelve-month anniversaries of the grant date, in each case subject to the Reporting Person's continued employment as interim Chief Executive Officer through each such date.
F3 The RSUs do not expire; they either vest or are canceled prior to vesting date.