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DOCUSIGN, INC. — Director's Dealing 2024
Mar 18, 2024
30367_dirs_2024-03-18_10939721-3d58-4688-aadd-27d5cb572014.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: 2024-03-15
Reporting Person: Shaughnessy James P (Chief Legal Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-03-15 | Common Stock | M | 15365 | — | Acquired | 55425 | Direct |
| 2024-03-15 | Common Stock | F | 7122 | — | Disposed | 48303 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-03-15 | Restricted Stock Units | $ | M | 2932 | Disposed | Common Stock (2932) | Direct | |
| 2024-03-15 | Restricted Stock Units | $ | M | 10246 | Disposed | Common Stock (10246) | Direct | |
| 2024-03-15 | Restricted Stock Units | $ | M | 2187 | Disposed | Common Stock (2187) | 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 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.
F4: The RSUs do not expire; they either vest or are cancelled prior to vesting date.
F5: The RSUs will vest 35% on the one year anniversary of the grant date, 35% in equal quarterly installments after year one, 15% in equal quarterly installments after year two, and 15% in equal quarterly installments after year 3, with a vesting commencement date of June 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.
F6: 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.