Allan C. Thygesen - Apr 1, 2024 Form 4 Insider Report for DOCUSIGN, INC. (DOCU)

Signature
/s/ Lisa Yun, Attorney-in-fact
Stock symbol
DOCU
Transactions as of
Apr 1, 2024
Transactions value $
-$456,147
Form type
4
Date filed
4/3/2024, 04:41 PM
Previous filing
Mar 19, 2024
Next filing
May 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DOCU Common Stock Sale -$456K -7.69K -6.67% $59.34 108K Apr 1, 2024 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The transaction was effected pursuant to a Rule 10b5-1 plan adopted by the Reporting Person.
F2 The shares were sold at prices ranging from $58.94 to $59.65. 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.