Blake Jeffrey Grayson - Sep 15, 2024 Form 4 Insider Report for DOCUSIGN, INC. (DOCU)

Role
Chief Financial Officer
Signature
/s/ Lisa Yun, Attorney-in-fact
Stock symbol
DOCU
Transactions as of
Sep 15, 2024
Transactions value $
$0
Form type
4
Date filed
9/17/2024, 05:35 PM
Previous filing
Jul 9, 2024
Next filing
Sep 18, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DOCU Common Stock Options Exercise $0 +51.4K +72.94% $0.00 122K Sep 15, 2024 Direct
transaction DOCU Common Stock Tax liability $0 -20.2K -16.6% $0.00 102K Sep 15, 2024 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 -23.1K -8.33% $0.00 255K Sep 15, 2024 Common Stock 23.1K Direct F2, F3, F4
transaction DOCU Restricted Stock Units Options Exercise $0 -23.1K -25% $0.00 69.4K Sep 15, 2024 Common Stock 23.1K Direct F2, F4, F5
transaction DOCU Restricted Stock Units Options Exercise $0 -5.12K -6.25% $0.00 76.8K Sep 15, 2024 Common Stock 5.12K Direct F2, F4, F6
* 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 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
F4 The RSUs do not expire; they either vest pursuant to their vesting schedule or are canceled prior to their final vesting date.
F5 Twenty-five percent of the total RSUs granted shall vest on September 10, 2024, and then balance of the RSUs shall vest twenty-five percent in three successive equal quarterly installments until fully vested on June 10, 2025, in each case subject to the reporting person being a service provider through each such date.
F6 The RSUs will vest in equal quarterly installments over four years, with a vesting commencement date of May 10, 2024, in each case subject to the reporting person being a service provider through such date.