Phi Tram T 4
4 · DOCUSIGN, INC. · Filed Dec 16, 2021
Insider Transaction Report
Form 4
DOCUSIGN, INC.DOCU
Phi Tram T
SVP, General Counsel
Transactions
- Exercise/Conversion
Restricted Stock Units
2021-12-15−734→ 7,343 total→ Common Stock (734 underlying) - Exercise/Conversion
Common Stock
2021-12-15+5,181→ 9,336 total - Exercise/Conversion
Restricted Stock Units
2021-12-15−3,683→ 25,781 total→ Common Stock (3,683 underlying) - Tax Payment
Common Stock
2021-12-15$144.46/sh−2,570$371,262→ 6,766 total - Exercise/Conversion
Restricted Stock Units
2021-12-15−764→ 10,692 total→ Common Stock (764 underlying)
Footnotes (6)
- [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 ("RSU").
- [F2]Each RSU represents a contingent right to receive one share of common stock of the Issuer upon vesting.
- [F3]Twenty-five percent of the total RSUs granted vested on July 10, 2020, and the balance of the RSUs shall vest in twelve equal quarterly installments until fully vested on July 20, 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.
- [F5]The RSUs will vest in sixteen equal quarterly installments over four years, with a vesting commencement date of May 10, 2020, 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.
- [F6]The RSUs will vest in equal quarterly installments over four years, with a vesting commencement date of May 10, 2021, 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.