BLAKE JEFFREY GRAYSON - 17 Jun 2024 Form 4 Insider Report for DOCUSIGN, INC. (DOCU)

Role
Chief Financial Officer
Signature
/s/ Derrick Chapman, Attorney-in-fact
Issuer symbol
DOCU
Transactions as of
17 Jun 2024
Net transactions value
+$10,743
Form type
4
Filing time
17 Jun 2024, 20:12:50 UTC
Previous filing
19 Mar 2024
Next filing
24 Jun 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DOCU Common Stock Award $10,743 +300 +1.4% $35.81 21,351 05 Apr 2024 Direct F1
transaction DOCU Common Stock Options Exercise $0 +161,988 +759% $0.000000 183,339 17 Jun 2024 Direct
transaction DOCU Common Stock Tax liability $0 -63,743 -35% $0.000000 119,596 17 Jun 2024 Direct F2

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 -138,847 -100% $0.000000* 0 17 Jun 2024 Common Stock 138,847 Direct F3, F4, F5
transaction DOCU Restricted Stock Units Options Exercise $0 -23,141 -7.7% $0.000000 277,694 17 Jun 2024 Common Stock 23,141 Direct F3, F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares acquired pursuant to the Docusign, Inc. 2018 Employee Stock Purchase Plan ("ESPP"), for the ESPP purchase period of October 6, 2023, through April 5, 2024. In accordance with the ESPP, these shares were purchased at a price equal to 85% of the closing price of the issuer's common stock on October 6, 2023.
F2 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.
F3 Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
F4 The RSUs will vest 100% on the one year anniversary of the vesting commencement date of June 10, 2023, subject to the Reporting Person being a service provider through such date.
F5 The RSUs do not expire; they either vest or are canceled prior to vesting date.
F6 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.