Peter Solvik - Mar 3, 2023 Form 4 Insider Report for DOCUSIGN, INC. (DOCU)

Role
Director
Signature
/s/ Lisa Yun, Attorney-in-fact
Stock symbol
DOCU
Transactions as of
Mar 3, 2023
Transactions value $
$0
Form type
4
Date filed
3/6/2023, 04:08 PM
Previous filing
Dec 5, 2022
Next filing
Jun 1, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DOCU Common Stock Options Exercise $0 +671 +5.86% $0.00 12.1K Mar 3, 2023 Direct
holding DOCU Common Stock 160K Mar 3, 2023 By Trust
holding DOCU Common Stock 3 Mar 3, 2023 By Family Partnership
holding DOCU Common Stock 65.6K Mar 3, 2023 By Children's Trusts
holding DOCU Common Stock 6.46K Mar 3, 2023 By Spouse

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 -671 -49.96% $0.00 672 Mar 3, 2023 Common Stock 671 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 have a vest commencement date of June 3, 2022 and will vest in equal quarterly installments over one year, provided that the fourth quarterly installment shall vest in full on the earlier of (i) the date of the Company's next annual meeting of stockholders and (ii) the one year anniversary of the grant, in each case, subject to the Reporting Person being a service provider through each such date.
F3 The RSUs do not expire; they either vest or are canceled prior to vesting date.