4//SEC Filing
Shaughnessy James P 4
Accession 0001261333-25-000138
CIK 0001261333other
Filed
Sep 16, 8:00 PM ET
Accepted
Sep 17, 5:51 PM ET
Size
28.8 KB
Accession
0001261333-25-000138
Insider Transaction Report
Form 4
DOCUSIGN, INC.DOCU
Shaughnessy James P
Chief Legal Officer
Transactions
- Exercise/Conversion
Common Stock
2025-09-15+20,966→ 72,783 total - Tax Payment
Common Stock
2025-09-15−9,841→ 62,942 total - Exercise/Conversion
Restricted Stock Units
2025-09-15−4,391→ 13,174 total→ Common Stock (4,391 underlying) - Exercise/Conversion
Restricted Stock Units
2025-09-15−2,931→ 11,727 total→ Common Stock (2,931 underlying) - Exercise/Conversion
Restricted Stock Units
2025-09-15−3,370→ 37,072 total→ Common Stock (3,370 underlying) - Exercise/Conversion
Performance Stock Units
2025-09-15−1,092→ 8,021 total→ Common Stock (1,092 underlying) - Exercise/Conversion
Performance Stock Units
2025-09-15−1,544→ 5,760 total→ Common Stock (1,544 underlying) - Exercise/Conversion
Restricted Stock Units
2025-09-15−2,187→ 15,311 total→ Common Stock (2,187 underlying) - Exercise/Conversion
Performance Stock Units
2025-09-15−536→ 1,606 total→ Common Stock (536 underlying) - Exercise/Conversion
Restricted Stock Units
2025-09-15−3,457→ 31,113 total→ Common Stock (3,457 underlying) - Exercise/Conversion
Performance Stock Units
2025-09-15−1,458→ 4,376 total→ Common Stock (1,458 underlying)
Footnotes (13)
- [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 ("RSUs") or performance-vested restricted stock units ("PSUs").
- [F10]The PSUs will vest depending on the Company's subscription revenue for the twelve-month period ended January 31, 2024 (the "FY24 Performance Period"). The maximum number of the subscription revenue-based PSUs that may vest is capped at 200% of the target number of subscription revenue-based PSUs. To the extent achieved, 1/3 of any achieved subscription revenue-based PSUs will vest following the one-year anniversary of the date of grant and the balance will vest in eight equal quarterly installments thereafter, subject to continued service with certain limited exceptions.
- [F11]The PSUs will vest depending on the Company's free cash flow for the FY24 Performance Period. The maximum number of free cash flow-based PSUs that may vest is capped at 200% of the target number of free cash flow-based PSUs. To the extent achieved, 1/3 of any achieved free cash flow-based PSUs will vest following the one-year anniversary of the date of grant and the balance will vest in eight equal quarterly installments thereafter subject to continued service with certain limited exceptions.
- [F12]The PSUs will vest depending on the Company's subscription revenue for the twelve-month period ended January 31, 2025 (the "FY25 Performance Period"). The maximum number of subscription revenue-based PSUs that may vest is capped at 200% of the target number of subscription revenue-based PSUs. To the extent achieved, 1/3 of any achieved subscription revenue-based PSUs will vest following the one-year anniversary of the date of grant and the balance will vest in eight equal quarterly installments thereafter, subject to continued service with certain limited exceptions.
- [F13]The PSUs will vest depending on the Company's free cash flow for the FY25 Performance Period. The maximum number of free cash flow-based PSUs that may vest is capped at 200% of the target number of free cash flow-based PSUs. To the extent achieved, 1/3 of any achieved free cash flow-based PSUs will vest following the one-year anniversary of the date of grant and the balance will vest in eight equal quarterly installments thereafter, subject to continued service with certain limited exceptions.
- [F2]Each RSU represents a contingent right to receive one share of the Issuer's common stock.
- [F3]The RSUs will vest 35% on the one year anniversary of the grant date, 35% in equal quarterly installments after year one, 15% in equal quarterly installments after year two, and 15% in equal quarterly installments after year 3, with a vesting commencement date of June 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 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.
- [F6]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.
- [F7]The RSUs will vest in equal quarterly installments over four years, with a vesting commencement date of May 10, 2024, in each case subject to the reporting person being a service provider through such date.
- [F8]The RSUs will vest quarterly over a four year period commencing May 10, 2025, with 40% vesting during year 1, 35% vesting during year 2, 15% vesting during year 3, and 10% vesting during year 4, in each case subject to the Reporting Person being a service provider through each such date.
- [F9]Each PSU represents a contingent right to receive one share of the Issuer's common stock.
Documents
Issuer
DOCUSIGN, INC.
CIK 0001261333
Entity typeother
Related Parties
1- filerCIK 0001294600
Filing Metadata
- Form type
- 4
- Filed
- Sep 16, 8:00 PM ET
- Accepted
- Sep 17, 5:51 PM ET
- Size
- 28.8 KB