Form 4 for DOCU DOCUSIGN, INC.
Accepted 2024-09-17 00:00:00 ET · period of report 2024-09-15 · accession 0001261333-24-000125 · 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 | 2024-09-17 | 2024-09-15 | DOCU | Shaughnessy James P | CLO | M - OptEx | $0.00 | +14.9K | 61.3K | +32% | $0 |
| D | 2024-09-17 | 2024-09-15 | DOCU | Shaughnessy James P | CLO | F - Tax | $0.00 | -6,895 | 54.4K | -11% | $0 |
| DM | 2024-09-17 | 2024-09-15 | DOCU | Shaughnessy James P | CLO | M - OptEx | $0.00 | -14.9K | 3,750 | -80% | $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 | 2024-09-15 | M | A | 14,874 | $0.00 | 61,296 | D | — | — | |
| 2 | Common | Common Stock | 2024-09-15 | F | D | 6,895 | $0.00 | 54,401 | 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. |
| 3 | Derivative | Restricted Stock Units | 2024-09-15 | M | D | 3,370 | $0.00 | 50,552 | D | — · — to — | 3,370 Common Stock | (F2) 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, 2024, in each case subject to the reporting person being a service provider through such date. (F4) The RSUs do not expire; they either vest or are canceled prior to vesting date. |
| 4 | Derivative | Restricted Stock Units | 2024-09-15 | M | D | 2,187 | $0.00 | 24,060 | D | — · — to — | 2,187 Common Stock | (F2) Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock. (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. (F4) The RSUs do not expire; they either vest or are canceled prior to vesting date. |
| 5 | Derivative | Restricted Stock Units | 2024-09-15 | M | D | 2,932 | $0.00 | 23,453 | D | — · — to — | 2,932 Common Stock | (F2) Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock. (F5) 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 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. |
| 6 | Derivative | Restricted Stock Units | 2024-09-15 | M | D | 4,391 | $0.00 | 30,739 | D | — · — to — | 4,391 Common Stock | (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 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. (F4) The RSUs do not expire; they either vest or are canceled prior to vesting date. |
| 7 | Derivative | Performance Stock Units | 2024-09-15 | M | D | 1,458 | $0.00 | 10,208 | D | — · — to — | 1,458 Common Stock | (F8) Each performance-vested restricted stock unit ("PSU") represents a contingent right to receive one share of Issuer common stock. (F9) The PSUs will vest depending on the Company's subscription revenue for the twelve-month period ended January 31, 2024 (the "One-Year Performance Period"). The maximum number of the subscription revenue-based PSUs that may vest is capped at 200% of the target number of subscription revenue-based PSUs. To the extent achieved 1/3 of any achieved subscription revenue-based PSUs will vest following the one-year anniversary of the date of grant and the balance will vest in eight equal quarterly installments thereafter, subject to continued service with certain limited exceptions. |
| 8 | Derivative | Performance Stock Units | 2024-09-15 | M | D | 536 | $0.00 | 3,750 | D | — · — to — | 536 Common Stock | (F8) Each performance-vested restricted stock unit ("PSU") represents a contingent right to receive one share of Issuer common stock. (F10) The PSUs will vest depending on the Company's free cash flow for the One-Year 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 1/3 of any achieved free cash-based PSUs will vest following the one-year anniversary of the date of grant and the balance will vest in eight equal quarterly installments thereafter subject to continued service with certain limited exceptions. |