Suh Inhi Cho 4
4 · DOCUSIGN, INC. · Filed Jul 12, 2022
Insider Transaction Report
Form 4
DOCUSIGN, INC.DOCU
Suh Inhi Cho
Director
Transactions
- Award
Restricted Stock Units
2022-07-08$63.96/sh+312,696$20,000,036→ 312,696 total→ Common Stock (312,696 underlying) - Award
Restricted Stock Units
2022-07-08$63.96/sh+51,986$3,325,025→ 51,986 total→ Common Stock (51,986 underlying)
Footnotes (4)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
- [F2]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 July 10, 2022, 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]The RSUs do not expire; they either vest or are canceled prior to vesting date.
- [F4]The RSUs will vest 100% on the one year anniversary of the vesting commencement date of July 10, 2022, subject to the Reporting Person being a service provider through 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.