DOCUSIGN, INC. — Director's Dealing 2023

Jun 20, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DOCUSIGN, INC. (DOCU)
CIK: 0001261333
Period of Report: 2023-06-15

Reporting Person: Gaylor Cynthia (Former CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-06-15	Common Stock	M	93050	—	Acquired	131628	Direct
2023-06-15	Common Stock	F	46137	—	Disposed	85491	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-06-15	Restricted Stock Units	$	M	3019	Disposed		Common Stock (3019)	Direct
2023-06-15	Restricted Stock Units	$	M	1201	Disposed		Common Stock (1201)	Direct
2023-06-15	Restricted Stock Units	$	M	4391	Disposed		Common Stock (4391)	Direct
2023-06-15	Restricted Stock Units	$	M	5863	Disposed		Common Stock (5863)	Direct
2023-06-15	Restricted Stock Units	$	M	50449	Disposed		Common Stock (50449)	Direct
2023-06-15	Restricted Stock Units	$	M	28127	Disposed		Common Stock (28127)	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 25% over the first year, while the remaining will vest in equal quarterly installments over four years, with a vesting commencement date of September 10, 2020, 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 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 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 equal quarterly installments over four years, with a vesting commencement date of May 10, 2022, 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.

F7: The RSUs will vest in equal quarterly installments over four 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 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.

F8: Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.

F9: The RSUs will fully vest on the vesting commencement date of June 15, 2023, 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.

F10: The RSUs will vest in full on the one year anniversary of the vesting commencement date of April 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.

F11: The restricted stock units do not expire, they either vest or are canceled prior to vesting date.