Form 4 for DOCU DOCUSIGN, INC.
Accepted 2025-09-16 00:00:00 ET · period of report 2025-09-15 · accession 0001842656-25-000006 · 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 | 2025-09-16 | 2025-09-15 | DOCU | Hansen Paula | Chief Revenue Off | F - Tax | $0.00 | -40.9K | 64.7K | -39% | $0 |
| D | 2025-09-16 | 2025-09-15 | DOCU | Hansen Paula | Chief Revenue Off | M - OptEx | $0.00 | +80.5K | 105.6K | +320% | $0 |
| DM | 2025-09-16 | 2025-09-15 | DOCU | Hansen Paula | Chief Revenue Off | M - OptEx | $0.00 | -80.5K | 38.0K | -68% | $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 | 2025-09-15 | F | D | 40,857 | $0.00 | 64,723 | 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 | 2025-09-15 | M | A | 80,455 | $0.00 | 105,580 | D | — | — | |
| 3 | Derivative | Restricted Stock Units | 2025-09-15 | M | D | 63,920 | $0.00 | 191,761 | D | — · — to — | 63,920 Common Stock | (F2) Each RSU represents a contingent right to receive one share of the Issuer's common stock. (F3) 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 August 10, 2024, 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. |
| 4 | Derivative | Restricted Stock Units | 2025-09-15 | M | D | 4,033 | $0.00 | 36,298 | D | — · — to — | 4,033 Common Stock | (F2) Each RSU represents a contingent right to receive one share of the Issuer's common stock. (F5) 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. (F4) The RSUs do not expire; they either vest or are canceled prior to vesting date. |
| 5 | Derivative | Performance Stock Units | 2025-09-15 | M | D | 7,324 | $0.00 | 27,303 | D | — · — to — | 7,324 Common Stock | (F6) Each PSU represents a contingent right to receive one share of the Issuer's common stock. (F7) 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. |
| 6 | Derivative | Performance Stock Units | 2025-09-15 | M | D | 5,178 | $0.00 | 38,034 | D | — · — to — | 5,178 Common Stock | (F6) 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 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. |