Cynthia Gaylor - 25 Jul 2022 Form 4 Insider Report for DOCUSIGN, INC. (DOCU)

Signature
/s/ Lisa Yun, Attorney-in-fact
Issuer symbol
DOCU
Transactions as of
25 Jul 2022
Net transactions value
$0
Form type
4
Filing time
27 Jul 2022, 17:50:59 UTC
Previous filing
16 Jun 2022
Next filing
16 Sep 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 +93,809 $0.000000 93,809 25 Jul 2022 Common Stock 93,809 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 RSUs will vest in equal quarterly installments over four years, with a vesting commencement date of July 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.
F3 The restricted stock units do not expire, they either vest or are canceled prior to vesting date.