4//SEC Filing
Shute Stephen 4
Accession 0001261333-24-000037
CIK 0001261333other
Filed
Mar 18, 8:00 PM ET
Accepted
Mar 19, 7:48 PM ET
Size
14.5 KB
Accession
0001261333-24-000037
Insider Transaction Report
Form 4
DOCUSIGN, INC.DOCU
Shute Stephen
President, Field Operations
Transactions
- Exercise/Conversion
Common Stock
2024-03-15+29,351→ 34,831 total - Tax Payment
Common Stock
2024-03-15−10,763→ 24,068 total - Sale
Common Stock
2024-03-19$57.02/sh−15,009$855,813→ 9,059 total - Sale
Common Stock
2024-03-19$57.47/sh−100$5,747→ 8,959 total - Exercise/Conversion
Restricted Stock Units
2024-03-15−24,430→ 219,865 total→ Common Stock (24,430 underlying) - Exercise/Conversion
Restricted Stock Units
2024-03-15−4,921→ 63,977 total→ Common Stock (4,921 underlying)
Footnotes (7)
- [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]The transaction was effected pursuant to a Rule 10b5-1 plan adopted by the Reporting Person.
- [F3]The shares were sold at prices ranging from $56.46 to $57.45. The Reporting Person will provide upon request to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.
- [F4]Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
- [F5]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.
- [F6]The RSUs do not expire; they either vest or are canceled prior to vesting date.
- [F7]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.
Documents
Issuer
DOCUSIGN, INC.
CIK 0001261333
Entity typeother
Related Parties
1- filerCIK 0001932256
Filing Metadata
- Form type
- 4
- Filed
- Mar 18, 8:00 PM ET
- Accepted
- Mar 19, 7:48 PM ET
- Size
- 14.5 KB