Form 4 for DOCU DOCUSIGN, INC.
Accepted 2023-09-19 00:00:00 ET · period of report 2023-09-15 · accession 0001261333-23-000086 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-09-19 | 2023-09-15 | DOCU | Shute Stephen | Pres, Field Ops | M - OptEx | $0.00 | +29.4K | 29.4K | New | $0 |
| D | 2023-09-19 | 2023-09-19 | DOCU | Shute Stephen | Pres, Field Ops | S - Sale+OE | $43.51 | -13.6K | 2,740 | -83% | -$592.0K |
| D | 2023-09-19 | 2023-09-15 | DOCU | Shute Stephen | Pres, Field Ops | F - Tax | $0.00 | -13.0K | 16.3K | -44% | $0 |
| DM | 2023-09-19 | 2023-09-15 | DOCU | Shute Stephen | Pres, Field Ops | M - OptEx | $0.00 | -29.4K | 268.7K | -10% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-09-15 | M | A | 29,350 | $0.00 | 29,350 | D | — | — | |
| 2 | Common | Common Stock | 2023-09-19 | S | D | 13,606 | $43.51 | 2,740 | D | — | — | (F2) The transaction was effected pursuant to a Rule 10b5-1 plan adopted by the Reporting Person. (F3) The shares were sold at prices ranging from $43.20 to $43.76. The Reporting Person will provide upon request to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price |
| 3 | Common | Common Stock | 2023-09-15 | F | D | 13,004 | $0.00 | 16,346 | D | — | — | (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. |
| 4 | Derivative | Restricted Stock Units | 2023-09-15 | M | D | 4,921 | $0.00 | 73,819 | D | — · — to — | 4,921 Common Stock | (F4) Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock. (F7) 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 do not expire; they either vest or are canceled prior to vesting date. |
| 5 | Derivative | Restricted Stock Units | 2023-09-15 | M | D | 24,429 | $0.00 | 268,724 | D | — · — to — | 24,429 Common Stock | (F4) Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock. (F5) 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 May 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 do not expire; they either vest or are canceled prior to vesting date. |