Shute Stephen 4
4 · DOCUSIGN, INC. · Filed Dec 19, 2023
Insider Transaction Report
Form 4
DOCUSIGN, INC.DOCU
Shute Stephen
President, Field Operations
Transactions
- Exercise/Conversion
Common Stock
2023-12-15+29,350→ 32,090 total - Exercise/Conversion
Restricted Stock Units
2023-12-15−4,921→ 68,898 total→ Common Stock (4,921 underlying) - Exercise/Conversion
Restricted Stock Units
2023-12-15−24,429→ 244,295 total→ Common Stock (24,429 underlying) - Tax Payment
Common Stock
2023-12-15−13,004→ 19,086 total
Footnotes (5)
- [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.
- [F2]Each restricted stock unit ("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 May 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.
- [F4]The RSUs do not expire; they either vest or are canceled prior to vesting date.
- [F5]The RSUs will vest in equal quarterly installments over four years, with a vesting commencement date of May 10, 2023, in each case subject to the reporting person being a service provider through such date.