DOCUSIGN, INC. — Director's Dealing 2025

Jul 16, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DOCUSIGN, INC. (DOCU)
CIK: 0001261333
Period of Report: 2025-07-14

Reporting Person: Shaughnessy James P (Chief Legal Officer)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-07-14	Restricted Stock Units	$	A	34570	Acquired		Common Stock (34570)	Direct
2025-07-14	Performance Stock Units	$	A	17285	Acquired		Common Stock (17285)	Direct
2025-07-14	Performance Stock Units	$	A	8642	Acquired		Common Stock (8642)	Direct
2025-07-14	Performance Stock Units	$	A	8642	Acquired		Common Stock (8642)	Direct

Footnotes

F1: Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.

F2: The RSUs will vest in equal quarterly installments over four years, with a vesting commencement date of May 10, 2025, in each case subject to the Reporting Person being a service provider through
such date.

F3: The RSUs do not expire; they either vest or are canceled prior to vesting date.

F4: Each performance stock unit ("PSU") represents a contingent right to receive one share of the Issuer's common stock upon vesting.

F5: The PSUs will vest depending on the Company's total shareholder return ("TSR") over a three-year performance period (the "TSR Performance Period"), relative to companies in the S&P Software & Services Select Industry Index, subject to the Reporting Person's continued service with certain limited exceptions. The maximum number of TSR-based PSUs that may vest is capped at 200% of the target number of TSR-based PSUs.

F6: PSUs do not expire; they either vest or are canceled prior to the vest date.

F7: The PSUs will vest depending on the Issuer's achievement of subscription revenue goals over a two-year performance period (the "Financial Performance Period"), with the goals established at the beginning of the first and second 12-month periods during the Financial Performance Period. The maximum number of subscription revenue-based PSUs that may vest is capped at 200% of the target number of subscription revenue-based PSUs. To the extent achieved, 1/2 of any achieved subscription revenue-based PSUs will vest on June 10, 2027 and the balance will vest in four equal quarterly installments thereafter, subject to the Reporting Person's continued service with certain limited exceptions.

F8: The PSUs will vest depending on the Issuer's achievement of free cash flow goals over the Financial Performance Period, with the goals established at the beginning of the first and second 12-month periods during the Financial Performance Period. The maximum number of free cash flow-based PSUs that may vest is capped at 200% of the target number of free cash flow-based PSUs. To the extent achieved, 1/2 of any achieved free cash flow-based PSUs will vest on June 10, 2027 and the balance will vest in four equal quarterly installments thereafter, subject to the Reporting Person's continued service with certain limited exceptions.