Stephen Shute - 09 Jul 2024 Form 4 Insider Report for DOCUSIGN, INC. (DOCU)

Role: President, Field Operations
Signature: /s/ Lisa Yun, Attorney-in-fact
Issuer symbol: DOCU
Transactions as of: 09 Jul 2024
Net transactions value: -$1,866,297
Form type: 4
Filing time: 09 Jul 2024, 20:15:28 UTC
Previous filing: 17 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	Sale	$944,696	-17,960	-51%	$52.60	17,340	09 Jul 2024	Direct	F1, F2
transaction	DOCU	Common Stock	Sale	$447,964	-8,381	-48%	$53.45	8,959	09 Jul 2024	Direct	F1, F3
transaction	DOCU	Common Stock	Sale	$321,062	-6,105	-68%	$52.59	2,854	09 Jul 2024	Direct	F1, F4
transaction	DOCU	Common Stock	Sale	$152,575	-2,854	-100%	$53.46	0	09 Jul 2024	Direct	F1, F5

* 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 $52.15 to $53.03. 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.
F3	The shares were sold at prices ranging from $53.21 to $53.64. 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.
F4	The shares were sold at prices ranging from $52.16 to $53.03. 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.
F5	The shares were sold at prices ranging from $53.21 to $53.73. 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.