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DOCUSIGN, INC. — Director's Dealing 2018
Apr 26, 2018
30367_dirs_2018-04-26_896279eb-a4e0-42d3-ad54-6fd16a590d1c.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: DOCUSIGN INC (DOCU)
CIK: 0001261333
Period of Report: 2018-04-26
Reporting Person: Springer Daniel D. (Director, President and CEO)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 2000920 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Option (Right to Buy) | $18.02 | 2027-01-22 | Common Stock (2000920) | Direct | |
| Performance Stock Units | $ | Common Stock (1217951) | Direct |
Footnotes
F1: Represents shares issuable on settlement of restricted stock units ("RSUs") granted to the reporting person. Each RSU represents a contingent right to receive one share of Issuer's Common Stock. The RSUs will vest upon the satisfaction of two vesting requirements -- a time and service based requirement and a liquidity event requirement.
F2: Twenty-Five percent of the shares subject to the option shall vest on January 11, 2018 and the balance of the shares shall vest in equal monthly installments thereafter for 36 months.
F3: Represents shares issuable on settlement of performance stock units ("PSUs") granted to the reporting person. Each PSU represents a contingent right to receive one share of Issuer's Common Stock. The PSUs vest subject to the achievement of certain performance conditions involving the Issuer's stock price.