Blake Jeffrey Grayson - Oct 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
Oct 15, 2024
Transactions value $
-$646,747
Form type
4
Date filed
10/16/2024, 09:54 PM
Previous filing
Sep 18, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DOCU Common Stock Award $10.4K +206 +0.24% $50.71 87.8K Oct 4, 2024 Direct F1
transaction DOCU Common Stock Sale -$550K -8K -9.11% $68.80 79.8K Oct 15, 2024 Direct F2, F3
transaction DOCU Common Stock Sale -$107K -1.55K -1.94% $68.81 78.3K Oct 15, 2024 Direct F2, F4
* 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 shares acquired pursuant to the Docusign, Inc. 2018 Employee Stock Purchase Plan ("ESPP"), for the ESPP purchase period of April 8, 2024, through October 4, 2024. This transaction is exempt from Rule 16b-3(c). 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 April 8, 2024.
F2 The transaction was effected pursuant to a Rule 10b5-1 plan adopted by the Reporting Person.
F3 The shares were sold at prices ranging from $68.58 to $68.99. 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 $68.62 to $68.99. 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.