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DOCUSIGN, INC. — Director's Dealing 2019
Jun 18, 2019
30367_dirs_2019-06-18_c818707e-7b7e-45b4-8c3d-f218dcd4f9d9.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: DOCUSIGN, INC. (DOCU)
CIK: 0001261333
Period of Report: 2019-06-15
Reporting Person: Springer Daniel D. (Director, President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-06-15 | Common Stock | A | 80625 | — | Acquired | 2388640 | Direct |
| 2019-06-15 | Common Stock | F | 75331 | $50.78 | Disposed | 2313309 | Direct |
Footnotes
F1: 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 began vesting upon the achievement of specified performance metrics related to the Issuer's fiscal year ending January 31, 2019. Twenty-five percent of the PSUs vested on April 22, 2019, and the balance of the PSUs shall vest in twelve equal quarterly installments starting May 10, 2019, in each case subject to the reporting person being a service provider through each such date.
F2: Represents shares withheld by the Issuer to satisfy a tax obligation realized by the reporting person upon the vesting and settlement of PSUs and restricted stock units.