AI assistant
DOCUSIGN, INC. — Director's Dealing 2022
Mar 17, 2022
30367_dirs_2022-03-17_cef0c4e9-480e-4084-9e3e-3390ff249867.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: DOCUSIGN, INC. (DOCU)
CIK: 0001261333
Period of Report: 2022-03-15
Reporting Person: Springer Daniel D. (Director, President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-03-15 | Common Stock | M | 27699 | — | Acquired | 1622879 | Direct |
| 2022-03-15 | Common Stock | F | 11753 | $73.24 | Disposed | 1611126 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-03-15 | Restricted Stock Units | $ | M | 6719 | Disposed | Common Stock (6719.0) | Direct | |
| 2022-03-15 | Restricted Stock Units | $ | M | 5382 | Disposed | Common Stock (5382.0) | Direct | |
| 2022-03-15 | Restricted Stock Units | $ | M | 3337 | Disposed | Common Stock (3337.0) | Direct | |
| 2022-03-15 | Restricted Stock Units | $ | M | 2182 | Disposed | Common Stock (2182.0) | Direct | |
| 2022-03-15 | Performance Stock Units | $0.0 | M | 5039 | Disposed | Common Stock (5039.0) | Direct | |
| 2022-03-15 | Performance Stock Units | $0.0 | M | 5040 | Disposed | Common Stock (5040.0) | 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 ("RSU").
F2: Each RSU represents a contingent right to receive one share of common stock of the Issuer upon vesting.
F3: The RSUs will vest in sixteen equal quarterly installments over four years, with a vesting commencement date of May 10, 2018, 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.
F4: The RSUs do not expire; they either vest or are canceled prior to vesting date.
F5: The RSUs will vest in sixteen equal quarterly installments over four years, with a vesting commencement date of May 10, 2019, 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.
F6: The RSUs will vest in sixteen equal quarterly installments over four years, with a vesting commencement date of May 10, 2020, in each case subject to the Reporting Person being a service provider through 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.
F7: The RSUs will vest in equal quarterly installments over four years, with a vesting commencement date of May 10, 2021, 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.
F8: 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, subject to Reporting Person's continued service with the Issuer through each such vesting date.
F9: Represents shares issuable on settlement of 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 achieved during 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's continued service with the Issuer through each such vesting date.