SHERIDAN MICHAEL J 4
4 · DOCUSIGN, INC. · Filed Jun 11, 2020
Insider Transaction Report
Form 4
DOCUSIGN, INC.DOCU
SHERIDAN MICHAEL J
Chief Financial Officer
Transactions
- Award
Restricted Stock Units
2020-06-10+23,495→ 23,495 total→ Common Stock (23,495 underlying)
Footnotes (3)
- [F1]Each restricted stock unit represents a contingent right to receive one share of common stock of the Issuer upon vesting.
- [F2]The restricted stock units will vest in sixteen equal quarterly installments over four years, with a vesting commencement date of June 10, 2020, 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.
- [F3]Following vesting, the restricted stock units will settle pursuant to the Issuer's quarterly settlement schedule. The restricted stock units do not expire.