Daniel D. Springer - 15 Jun 2023 Form 4 Insider Report for DOCUSIGN, INC. (DOCU)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
16 Jun 2023, 20:02:26 UTC
Prior SEC filing
01 Jun 2023
Next SEC filing
31 Aug 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Lisa Yun, Attorney-in-fact

Key filing fact

Daniel D. Springer filed Form 4 for DOCUSIGN, INC. (DOCU) on 16 Jun 2023.

Key facts

  • This page summarizes Daniel D. Springer's Form 4 filing for DOCUSIGN, INC. (DOCU).
  • 5 reported transactions and 3 derivative rows are listed below.
  • Accepted by SEC: 16 Jun 2023, 20:02.

Change

  • Previous filing in this sequence was filed on 01 Jun 2023.
  • Current net transaction value: -$201,198.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

DOCU transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+10,902
Change %
+0.88%
Price
$0.000000
Shares after
1,252,201
Date
15 Jun 2023
Ownership
Direct
DOCU transaction

Common Stock

Tax liability

Transaction value
$201,198
Shares
-3,719
Change %
-0.3%
Price
$54.10
Shares after
1,248,482
Date
15 Jun 2023
Ownership
Direct
Footnotes
F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

DOCU transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-5,382
Change %
-100%
Price
$0.000000*
Shares after
0
Date
15 Jun 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
5,382
Exercise price
Footnotes
F2, F3, F4
DOCU transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-3,338
Change %
-20%
Price
$0.000000
Shares after
13,349
Date
15 Jun 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
3,338
Exercise price
Footnotes
F2, F4, F5
DOCU transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-2,182
Change %
-11%
Price
$0.000000
Shares after
17,456
Date
15 Jun 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
2,182
Exercise price
Footnotes
F2, F4, F6
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 6 footnotes

Footnote 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 ("RSU").

Footnote F2

Each RSU represents a contingent right to receive one share of common stock of the Issuer upon vesting.

Footnote F3

The RSUs will vest in sixteen equal quarterly installments over four years, with a vesting commencement date of May 10, 2019, 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.

Footnote F4

The RSUs do not expire; they either vest or are canceled prior to vesting date.

Footnote F5

The RSUs will vest in sixteen equal quarterly installments over four years, with a vesting commencement date of May 10, 2020, in each case subject to the Reporting Person being a service provider through such date.The restricted stock units 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.

Footnote F6

The RSUs will vest in equal quarterly installments over four years, with a vesting commencement date of May 10, 2021, in each case subject to the Reporting Person being a service provider through each such date. The restricted stock units 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.

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