Daniel D. Springer - 06 Oct 2023 Form 4 Insider Report for DOCUSIGN, INC. (DOCU)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
10 Oct 2023, 19:33:31 UTC
Prior SEC filing
18 Sep 2023
Next SEC filing
11 Oct 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Lisa Yun, Attorney-in-fact

Key filing fact

Daniel D. Springer filed Form 4 for DOCUSIGN, INC. (DOCU) on 10 Oct 2023.

Key facts

  • This page summarizes Daniel D. Springer's Form 4 filing for DOCUSIGN, INC. (DOCU).
  • 8 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 10 Oct 2023, 19:33.

Change

  • Previous filing in this sequence was filed on 18 Sep 2023.
  • Current net transaction value: -$17,541,480.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

DOCU transaction

Common Stock

Options Exercise

Transaction value
$1,579,759
Shares
+87,667
Change %
+7%
Price
$18.02
Shares after
1,341,086
Date
06 Oct 2023
Ownership
Direct
DOCU transaction

Common Stock

Sale

Transaction value
$1,668,510
Shares
-40,626
Change %
-3%
Price
$41.07
Shares after
1,300,460
Date
06 Oct 2023
Ownership
Direct
Footnotes
F1, F2
DOCU transaction

Common Stock

Sale

Transaction value
$10,479,645
Shares
-249,041
Change %
-19%
Price
$42.08
Shares after
1,051,419
Date
06 Oct 2023
Ownership
Direct
Footnotes
F1, F3
DOCU transaction

Common Stock

Options Exercise

Transaction value
$5,219,799
Shares
+289,667
Change %
+28%
Price
$18.02
Shares after
1,341,086
Date
09 Oct 2023
Ownership
Direct
DOCU transaction

Common Stock

Sale

Transaction value
$12,086,859
Shares
-287,167
Change %
-21%
Price
$42.09
Shares after
1,053,919
Date
09 Oct 2023
Ownership
Direct
Footnotes
F1, F4
DOCU transaction

Common Stock

Sale

Transaction value
$106,025
Shares
-2,500
Change %
-0.24%
Price
$42.41
Shares after
1,051,419
Date
09 Oct 2023
Ownership
Direct
Footnotes
F1, F5
DOCU holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
139,825
Date
06 Oct 2023
Ownership
By Trust
Footnotes
F6

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

DOCU transaction Derivative

Stock Option (Right to Buy)

Options Exercise

Transaction value
$0
Shares
-87,667
Change %
-4.9%
Price
$0.000000
Shares after
1,712,019
Date
06 Oct 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
87,667
Exercise price
$18.02
Footnotes
F7
DOCU transaction Derivative

Stock Option (Right to Buy)

Options Exercise

Transaction value
$0
Shares
-289,667
Change %
-17%
Price
$0.000000
Shares after
1,422,352
Date
09 Oct 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
289,667
Exercise price
$18.02
Footnotes
F7
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 7 footnotes

Footnote F1

The transaction was effected pursuant to a Rule 10b5-1 plan adopted by the Reporting Person.

Footnote F2

The shares were sold at prices ranging from $40.70 to $41.69. The Reporting Person will provide upon request to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.

Footnote F3

The shares were sold at prices ranging from $41.72 to $42.33. The Reporting Person will provide upon request to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.

Footnote F4

The shares were sold at prices ranging from $41.39 to $42.38. The Reporting Person will provide upon request to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.

Footnote F5

The shares were sold at prices ranging from $42.39 to $42.44. The Reporting Person will provide upon request to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.

Footnote F6

These securities are held by The Daniel Springer Revocable Trust, of which the Reporting Person is trustee.

Footnote F7

Twenty-Five percent of the shares subject to the option shall vest on January 11, 2018 and the balance of the shares shall vest in equal monthly installments thereafter for 36 months.

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