Blake Jeffrey Grayson - Sep 15, 2023 Form 4 Insider Report for DOCUSIGN, INC. (DOCU)

Role
Chief Financial Officer
Signature
/s/ Lisa Yun, Attorney-in-fact
Stock symbol
DOCU
Transactions as of
Sep 15, 2023
Transactions value $
$0
Form type
4
Date filed
9/19/2023, 05:47 PM
Previous filing
Jun 12, 2023
Next filing
Dec 18, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DOCU Common Stock Options Exercise $0 +23.1K $0.00 23.1K Sep 15, 2023 Direct
transaction DOCU Common Stock Tax liability $0 -9.11K -39.35% $0.00 14K Sep 15, 2023 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 -23.1K -6.25% $0.00 347K Sep 15, 2023 Common Stock 23.1K Direct F2, F3, F4
* 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.
F2 Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
F3 The RSUs do not expire; they either vest or are canceled prior to vesting date.
F4 The RSUs will vest in sixteen equal quarterly installments over four years, with a vesting commencement date of June 10, 2023, 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