Peter Solvik - 31 May 2023 Form 4 Insider Report for DOCUSIGN, INC. (DOCU)

Role: Director
Signature: /s/ Lisa Yun, Attorney in Fact
Issuer symbol: DOCU
Transactions as of: 31 May 2023
Net transactions value: $0
Form type: 4
Filing time: 01 Jun 2023, 20:28:40 UTC
Previous filing: 06 Mar 2023
Next filing: 31 Aug 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	DOCU	Common Stock	Options Exercise	$0	+672	+5.5%	$0.000000	12,792	31 May 2023	Direct
holding	DOCU	Common Stock						160,253	31 May 2023	By Trust
holding	DOCU	Common Stock						65,558	31 May 2023	By Children's Trusts
holding	DOCU	Common Stock						3	31 May 2023	By Family Partnership
holding	DOCU	Common Stock						6,458	31 May 2023	By Spouse

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	-672	-100%	$0.000000^*	0	31 May 2023	Common Stock	672		Direct	F1, F2, F3
transaction	DOCU	Restricted Stock Units	Award	$0	+3,989		$0.000000	3,989	31 May 2023	Common Stock	3,989		Direct	F1, F3, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
F2	The RSUs have a vest commencement date of June 3, 2022 and will vest in equal quarterly installments over one year, provided that the fourth quarterly installment shall vest in full on the earlier of (i) the date of the Company's next annual meeting of stockholders and (ii) the one year anniversary of the grant, in each case, subject to the Reporting Person being a service provider through each such date.
F3	The RSUs do not expire; they either vest or are canceled prior to vesting date.
F4	The RSUs have a vest commencement date of May 31, 2023 and will vest in equal quarterly installments over one year, provided that the fourth quarterly installment shall vest in full on the earlier of (i) the date of the Company's next annual meeting of stockholders and (ii) the one year anniversary of the grant, in each case, subject to the Reporting Person being a service provider through each such date.