4//SEC Filing
Thygesen Allan C. 4
Accession 0001657309-25-000011
CIK 0001261333other
Filed
Dec 16, 7:00 PM ET
Accepted
Dec 17, 6:56 PM ET
Size
26.2 KB
Accession
0001657309-25-000011
Insider Transaction Report
Form 4
DOCUSIGN, INC.DOCU
Thygesen Allan C.
DirectorPresident and CEO
Transactions
- Exercise/Conversion
Common Stock
2025-12-15+65,561→ 201,807 total - Tax Payment
Common Stock
2025-12-15−33,296→ 168,511 total - Exercise/Conversion
Restricted Stock Units
2025-12-15−11,497→ 45,989 total→ Common Stock (11,497 underlying) - Exercise/Conversion
Restricted Stock Units
2025-12-15−8,749→ 52,494 total→ Common Stock (8,749 underlying) - Exercise/Conversion
Restricted Stock Units
2025-12-15−10,466→ 104,660 total→ Common Stock (10,466 underlying) - Exercise/Conversion
Restricted Stock Units
2025-12-15−10,602→ 84,812 total→ Common Stock (10,602 underlying) - Exercise/Conversion
Performance Stock Units
2025-12-15−3,215→ 6,429 total→ Common Stock (3,215 underlying) - Exercise/Conversion
Performance Stock Units
2025-12-15−8,750→ 17,500 total→ Common Stock (8,750 underlying) - Exercise/Conversion
Performance Stock Units
2025-12-15−5,087→ 32,278 total→ Common Stock (5,087 underlying) - Exercise/Conversion
Performance Stock Units
2025-12-15−7,195→ 19,628 total→ Common Stock (7,195 underlying)
Footnotes (12)
- [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 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.
- [F11]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 vesting commencement date 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 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 vesting commencement date 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 in equal quarterly installments over four years, with a vesting commencement date of October 10, 2022, 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 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.
- [F6]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.
- [F7]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.
- [F8]Each PSU represents a contingent right to receive one share of the Issuer's common stock.
- [F9]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 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.
Documents
Issuer
DOCUSIGN, INC.
CIK 0001261333
Entity typeother
Related Parties
1- filerCIK 0001657309
Filing Metadata
- Form type
- 4
- Filed
- Dec 16, 7:00 PM ET
- Accepted
- Dec 17, 6:56 PM ET
- Size
- 26.2 KB