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DOCUSIGN, INC. — Director's Dealing 2023
Sep 18, 2023
30367_dirs_2023-09-18_cccc519b-a53f-46a2-8ace-b90e4adf1528.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: 2023-09-15
Reporting Person: Suh Inhi Cho (President, Product Engineering)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-09-15 | Common Stock | M | 135081 | — | Acquired | 147311 | Direct |
| 2023-09-15 | Common Stock | F | 66974 | — | Disposed | 80337 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-09-15 | Restricted Stock Units | $ | M | 51986 | Disposed | Common Stock (51986) | Direct | |
| 2023-09-15 | Restricted Stock Units | $ | M | 4921 | Disposed | Common Stock (4921) | Direct | |
| 2023-09-15 | Restricted Stock Units | $ | M | 78174 | Disposed | Common Stock (78174) | 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: Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
F3: The RSUs will vest 100% on the one year anniversary of the vesting commencement date of July 10, 2022, 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.
F4: The RSUs do not expire; they either vest or are canceled prior to vesting date.
F5: The RSUs will vest in equal quarterly installments over four years, with a vesting commencement date of May 10, 2023, in each case subject to the reporting person being a service provider through such date.
F6: The RSUs will vest 25% over the first year, while the remaining will vest in twelve (12) equal quarterly installments over three years, with a vesting commencement date of July 10, 2022, 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.