DOCUSIGN, INC. — Director's Dealing 2020

Jun 17, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DOCUSIGN, INC. (DOCU)
CIK: 0001261333
Period of Report: 2020-06-15

Reporting Person: Springer Daniel D. (Director, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-06-15	Common Stock	F	90497	$162.69	Disposed	2018752	Direct
2020-06-15	Common Stock	M	40312	—	Acquired	2059064	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-06-15	Performance Stock Units	$0.0	M	40312	Disposed		Common Stock (40312.0)	Direct

Footnotes

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.

F2: 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.

F3: Represents PSUs subject to certain performance conditions involving the Issuer's stock price which have been met but remain subject to time-based vesting criteria. The remaining PSUs will vest in eight equal quarterly installments over two years, in each case subject to the Reporting Person being a service provider through each such date. The PSUs 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.