Cain A. Hayes - May 31, 2023 Form 4 Insider Report for DOCUSIGN, INC. (DOCU)

Role: Director
Signature: /s/ Lisa Yun, Attorney in Fact
Stock symbol: DOCU
Transactions as of: May 31, 2023
Transactions value $: $0
Form type: 4
Date filed: 6/1/2023, 08:30 PM
Previous filing: Mar 6, 2023
Next filing: Sep 1, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	DOCU	Common Stock	Options Exercise	$0	+672	+19.75%	$0.00	4.08K	May 31, 2023	Direct
transaction	DOCU	Common Stock	Options Exercise	$0	+155	+3.8%	$0.00	4.23K	Jun 1, 2023	Direct

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%	$0.00^*	0	May 31, 2023	Common Stock	672		Direct	F1, F2, F3
transaction	DOCU	Restricted Stock Units	Award	$0	+3.99K		$0.00	3.99K	May 31, 2023	Common Stock	3.99K		Direct	F1, F3, F4
transaction	DOCU	Restricted Stock Units	Options Exercise	$0	-155	-33.41%	$0.00	309	Jun 1, 2023	Common Stock	155		Direct	F1, F3, F5

* 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.
F5	The RSUs will vest in twelve equal quarterly installments over three years, with a vesting commencement date of December 1, 2020, in each case subject to the Reporting Person being a service provider through each such date.