4//SEC Filing
GRAYSON BLAKE JEFFREY 4
Accession 0001796825-25-000006
CIK 0001261333other
Filed
Dec 16, 7:00 PM ET
Accepted
Dec 17, 6:57 PM ET
Size
22.4 KB
Accession
0001796825-25-000006
Insider Transaction Report
Form 4
DOCUSIGN, INC.DOCU
GRAYSON BLAKE JEFFREY
Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock
2025-12-15+37,453→ 143,113 total - Tax Payment
Common Stock
2025-12-15−15,385→ 127,728 total - Sale
Common Stock
2025-12-17$67.86/sh−3,525$239,207→ 124,203 total - Sale
Common Stock
2025-12-17$68.61/sh−5,990$410,974→ 118,213 total - Exercise/Conversion
Restricted Stock Units
2025-12-15−23,141→ 138,847 total→ Common Stock (23,141 underlying) - Exercise/Conversion
Restricted Stock Units
2025-12-15−5,120→ 51,192 total→ Common Stock (5,120 underlying) - Exercise/Conversion
Restricted Stock Units
2025-12-15−5,186→ 41,484 total→ Common Stock (5,186 underlying) - Exercise/Conversion
Performance Stock Units
2025-12-15−1,659→ 10,525 total→ Common Stock (1,659 underlying) - Exercise/Conversion
Performance Stock Units
2025-12-15−2,347→ 6,402 total→ Common Stock (2,347 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") and performance-vested restricted stock unit ("PSUs").
- [F10]Each PSU represents a contingent right to receive one share of the Issuer's common stock.
- [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]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 $67.31 to $68.29. 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]The shares were sold at prices ranging from $68.33 to $69.05. 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.
- [F5]Each RSU represents a contingent right to receive one share of the Issuer's common stock.
- [F6]The RSUs will vest in sixteen equal quarterly installments over four years, with a vesting commencement date of June 10, 2023, 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
- [F7]The RSUs do not expire; they either vest or are canceled prior to vesting date.
- [F8]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.
- [F9]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.
Documents
Issuer
DOCUSIGN, INC.
CIK 0001261333
Entity typeother
Related Parties
1- filerCIK 0001796825
Filing Metadata
- Form type
- 4
- Filed
- Dec 16, 7:00 PM ET
- Accepted
- Dec 17, 6:57 PM ET
- Size
- 22.4 KB