Allan C. Thygesen - Dec 15, 2023 Form 4 Insider Report for DOCUSIGN, INC. (DOCU)

Role
President and CEO, Director
Signature
/s/ Lisa Yun, Attorney-in-fact
Stock symbol
DOCU
Transactions as of
Dec 15, 2023
Transactions value $
$0
Form type
4
Date filed
12/19/2023, 05:08 PM
Previous filing
Sep 19, 2023
Next filing
Dec 19, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DOCU Common Stock Options Exercise $0 +388K +1623.4% $0.00 412K Dec 15, 2023 Direct
transaction DOCU Common Stock Tax liability $0 -192K -46.7% $0.00 220K Dec 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 -8.75K -6.67% $0.00 122K Dec 15, 2023 Common Stock 8.75K Direct F2, F3, F4
transaction DOCU Restricted Stock Units Options Exercise $0 -11.5K -7.69% $0.00 138K Dec 15, 2023 Common Stock 11.5K Direct F2, F4, F5
transaction DOCU Restricted Stock Units Options Exercise $0 -368K -100% $0.00* 0 Dec 15, 2023 Common Stock 368K Direct F2, F6, F7
* 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 will vest in equal quarterly installments over four years, with a vesting commencement date of May 10, 2023, in each case subject to the reporting person being a service provider through such date.
F4 The RSUs do not expire; they either vest or are canceled prior to vesting date.
F5 The RSUs will vest in equal quarterly installments over four years, with a vesting commencement date of October 10, 2022, 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.
F6 The RSUs will vest 100% on the one year anniversary of the vesting commencement date of October 9, 2022, subject to the Reporting Person being a service provider through such date.
F7 The RSUs do not expire; they either vest pursuant to their vesting schedule or are canceled prior to their final vesting date.