Form 4 for DOCU DOCUSIGN, INC.
Accepted 2025-06-17 00:00:00 ET · period of report 2025-06-15 · accession 0001261333-25-000084 · 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 | 2025-06-17 | 2025-06-15 | DOCU | GRAYSON BLAKE JEFFREY | CFO | F - Tax | $0.00 | -27.7K | 125.9K | -18% | $0 |
| D | 2025-06-17 | 2025-06-15 | DOCU | GRAYSON BLAKE JEFFREY | CFO | M - OptEx | $0.00 | +67.4K | 153.6K | +78% | $0 |
| DM | 2025-06-17 | 2025-06-15 | DOCU | GRAYSON BLAKE JEFFREY | CFO | M - OptEx | $0.00 | -67.4K | 185.1K | -27% | $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 | 2025-06-15 | F | D | 27,708 | $0.00 | 125,866 | 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 ("RSUs") and performance-vested restricted stock unit ("PSUs"). |
| 2 | Common | Common Stock | 2025-06-15 | M | A | 67,418 | $0.00 | 153,574 | D | — | — | |
| 3 | Derivative | Performance Stock Units | 2025-06-15 | M | D | 6,633 | $0.00 | 13,843 | D | — · — to — | 6,633 Common Stock | (F7) Each PSU represents a contingent right to receive one share of the Issuer's common stock. (F8) The PSUs will vest depending on the Company's subscription revenue for the twelve-month period ended January 31, 2025 (the "FY25 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, 1/3 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. |
| 4 | Derivative | Restricted Stock Units | 2025-06-15 | M | D | 5,119 | $0.00 | 61,431 | D | — · — to — | 5,119 Common Stock | (F2) Each 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, 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. |
| 5 | Derivative | Performance Stock Units | 2025-06-15 | M | D | 9,382 | $0.00 | 11,094 | D | — · — to — | 9,382 Common Stock | (F7) Each PSU represents a contingent right to receive one share of the Issuer's common stock. (F9) The PSUs will vest depending on the Company's free cash flow for the FY25 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 flow-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. |
| 6 | Derivative | Restricted Stock Units | 2025-06-15 | M | D | 23,142 | $0.00 | 0 | D | — · — to — | 23,142 Common Stock | (F2) Each RSU represents a contingent right to receive one share of the Issuer's common stock. (F5) Twenty-five percent of the total RSUs granted shall vest on September 10, 2024, and then balance of the RSUs shall vest twenty-five percent in three successive equal quarterly installments until fully vested on June 10, 2025, in each case subject to the reporting person being a service provider through each such date. (F4) The RSUs do not expire; they either vest or are canceled prior to vesting date. |
| 7 | Derivative | Restricted Stock Units | 2025-06-15 | M | D | 23,142 | $0.00 | 185,129 | D | — · — to — | 23,142 Common Stock | (F2) Each RSU represents a contingent right to receive one share of the Issuer's common stock. (F3) The RSUs will vest in sixteen equal quarterly installments over four years, with a vesting commencement date of June 10, 2023, 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. |