Robert Chatwani - Mar 9, 2023 Form 4 Insider Report for DOCUSIGN, INC. (DOCU)

Role
President General Mgr, Growth
Signature
/s/ Lisa Yun, Attorney in Fact
Stock symbol
DOCU
Transactions as of
Mar 9, 2023
Transactions value $
$0
Form type
4
Date filed
3/14/2023, 05:41 PM
Previous filing
Mar 14, 2023
Next filing
Jun 16, 2023

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 Award $0 +320K $0.00 320K Mar 9, 2023 Common Stock 320K Direct F1, F2, F3
transaction DOCU Restricted Stock Units Award $0 +80K $0.00 80K Mar 9, 2023 Common Stock 80K 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 will vest 25% over the first year, while the remaining will vest in twelve (12) equal quarterly installments over three 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 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.
F4 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.