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DOCUSIGN, INC. Director's Dealing 2020

Jun 11, 2020

30367_dirs_2020-06-11_e972c0d7-8282-4ad1-b618-2e76f35b8cac.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: 2020-06-10

Reporting Person: OLRICH SCOTT V. (Chief Operating Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2020-06-10 Common Stock S 570 $144.98 Disposed 426265 Direct
2020-06-10 Common Stock S 1000 $146.20 Disposed 425265 Direct
2020-06-10 Common Stock S 1619 $147.33 Disposed 423646 Direct
2020-06-10 Common Stock S 3211 $148.27 Disposed 420435 Direct
2020-06-10 Common Stock S 600 $149.26 Disposed 419835 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2020-06-10 Restricted Stock Units $ A 23495 Acquired Common Stock (23495.0) Direct

Footnotes

F1: The transaction was effected pursuant to a Rule 10b5-1 plan adopted by the Reporting Person.

F2: The shares were sold at prices ranging from $144.50 to $145.49. The Reporting Person will provide upon request to the SEC, the issuer or security holder of the issuer, full information regarding the number of shares sold at each separate price.

F3: The shares were sold at prices ranging from $145.67 to $146.64. The Reporting Person will provide upon request to the SEC, the issuer or security holder of the issuer, full information regarding the number of shares sold at each separate price.

F4: The shares were sold at prices ranging from $146.79 to $147.69. The Reporting Person will provide upon request to the SEC, the issuer or security holder of the issuer, full information regarding the number of shares sold at each separate price.

F5: The shares were sold at prices ranging from $147.79 to $148.75. The Reporting Person will provide upon request to the SEC, the issuer or security holder of the issuer, full information regarding the number of shares sold at each separate price.

F6: The shares were sold at prices ranging from $148.83 to $149.52. The Reporting Person will provide upon request to the SEC, the issuer or security holder of the issuer, full information regarding the number of shares sold at each separate price.

F7: Each restricted stock unit represents a contingent right to receive one share of common stock of the Issuer upon vesting.

F8: The restricted stock units will vest in sixteen equal quarterly installments over four years, with a vesting commencement date of June 10, 2020, in each case subject to the Reporting Person being a service provider through each such date.The restricted stock 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.

F9: Following vesting, the restricted stock units will settle pursuant to the Issuer's quarterly settlement schedule. The restricted stock units do not expire.