Daniel D. Springer - Sep 15, 2022 Form 4 Insider Report for DOCUSIGN, INC. (DOCU)

Role
Director
Signature
/s/ Lisa Yun, Attorney-in-fact
Stock symbol
DOCU
Transactions as of
Sep 15, 2022
Transactions value $
-$327,333
Form type
4
Date filed
9/16/2022, 06:41 PM
Previous filing
Jun 30, 2022
Next filing
Jan 19, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DOCU Common Stock Options Exercise $0 +10.9K +0.65% $0.00 1.68M Sep 15, 2022 Direct
transaction DOCU Common Stock Tax liability -$327K -5.41K -0.32% $60.55 1.67M Sep 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 -5.38K -25% $0.00 16.1K Sep 15, 2022 Common Stock 5.38K Direct F2, F3, F4
transaction DOCU Restricted Stock Units Options Exercise $0 -3.34K -12.5% $0.00 23.4K Sep 15, 2022 Common Stock 3.34K Direct F2, F4, F5
transaction DOCU Restricted Stock Units Options Exercise $0 -2.18K -8.33% $0.00 24K Sep 15, 2022 Common Stock 2.18K 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 common stock of the Issuer upon vesting.
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.