Form 4 for DOCU DOCUSIGN, INC.
Accepted 2025-12-17 00:00:00 ET · period of report 2025-12-15 · accession 0001796825-25-000006 · 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 | 2025-12-17 | 2025-12-15 | DOCU | GRAYSON BLAKE JEFFREY | CFO | M - OptEx | $0.00 | +37.5K | 143.1K | +35% | $0 |
| DM | 2025-12-17 | 2025-12-17 | DOCU | GRAYSON BLAKE JEFFREY | CFO | S - Sale+OE | $68.33 | -9,515 | 124.2K | -7% | -$650.2K |
| D | 2025-12-17 | 2025-12-15 | DOCU | GRAYSON BLAKE JEFFREY | CFO | F - Tax | $0.00 | -15.4K | 127.7K | -11% | $0 |
| DM | 2025-12-17 | 2025-12-15 | DOCU | GRAYSON BLAKE JEFFREY | CFO | M - OptEx | $0.00 | -37.5K | 41.5K | -47% | $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 | 2025-12-15 | M | A | 37,453 | $0.00 | 143,113 | D | — | — | |
| 2 | Common | Common Stock | 2025-12-17 | S | D | 5,990 | $68.61 | 118,213 | D | — | — | (F2) The transaction was effected pursuant to a Rule 10b5-1 plan adopted by the Reporting Person. (F4) The shares were sold at prices ranging from $68.33 to $69.05. 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 | 2025-12-17 | S | D | 3,525 | $67.86 | 124,203 | 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 $67.31 to $68.29. 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. |
| 4 | Common | Common Stock | 2025-12-15 | F | D | 15,385 | $0.00 | 127,728 | 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"). |
| 5 | Derivative | Restricted Stock Units | 2025-12-15 | M | D | 23,141 | $0.00 | 138,847 | D | — · — to — | 23,141 Common Stock | (F5) Each RSU represents a contingent right to receive one share of the Issuer's common stock. (F6) 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 (F7) The RSUs do not expire; they either vest or are canceled prior to vesting date. |
| 6 | Derivative | Restricted Stock Units | 2025-12-15 | M | D | 5,120 | $0.00 | 51,192 | D | — · — to — | 5,120 Common Stock | (F5) Each RSU represents a contingent right to receive one share of the Issuer's common stock. (F8) 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. (F7) The RSUs do not expire; they either vest or are canceled prior to vesting date. |
| 7 | Derivative | Performance Stock Units | 2025-12-15 | M | D | 2,347 | $0.00 | 6,402 | D | — · — to — | 2,347 Common Stock | (F10) Each PSU represents a contingent right to receive one share of the Issuer's common stock. (F12) 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 vesting commencement date and the balance will vest in eight equal quarterly installments thereafter, subject to continued service with certain limited exceptions. |
| 8 | Derivative | Performance Stock Units | 2025-12-15 | M | D | 1,659 | $0.00 | 10,525 | D | — · — to — | 1,659 Common Stock | (F10) Each PSU represents a contingent right to receive one share of the Issuer's common stock. (F11) 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 vesting commencement date and the balance will vest in eight equal quarterly installments thereafter, subject to continued service with certain limited exceptions. |
| 9 | Derivative | Restricted Stock Units | 2025-12-15 | M | D | 5,186 | $0.00 | 41,484 | D | — · — to — | 5,186 Common Stock | (F5) Each RSU represents a contingent right to receive one share of the Issuer's common stock. (F9) The RSUs will vest quarterly over a four year period commencing May 10, 2025, with 40% vesting during year 1, 35% vesting during year 2, 15% vesting during year 3, and 10% vesting during year 4, in each case subject to the Reporting Person being a service provider through each such date. (F7) The RSUs do not expire; they either vest or are canceled prior to vesting date. |