Robert Chatwani - 15 Jun 2023 Form 4 Insider Report for DOCUSIGN, INC. (DOCU)

Role
President General Mgr, Growth
Signature
/s/ Lisa Yun, Attorney in Fact
Issuer symbol
DOCU
Transactions as of
15 Jun 2023
Net transactions value
$0
Form type
4
Filing time
16 Jun 2023, 20:18:50 UTC
Previous filing
14 Mar 2023
Next filing
11 Jul 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DOCU Restricted Stock Units Options Exercise $0 +10,003 $0.000000 10,003 15 Jun 2023 Direct
transaction DOCU Restricted Stock Units Tax liability $0 -3,460 -35% $0.000000 6,543 15 Jun 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 +10,003 +17% $0.000000 70,022 15 Jun 2023 Common Stock 10,003 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Robert Chatwani is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

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 will vest 12.5% in equal quarterly installments over two years, with a vesting commencement date of March 10, 2023, in each case subject to the Reporting Person being a service provider through each such date. The RSUs 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.
F3 The RSUs do not expire; they either vest or are canceled prior to vesting date.