0001104659-23-080041.txt : 20230711
0001104659-23-080041.hdr.sgml : 20230711
20230711173346
ACCESSION NUMBER: 0001104659-23-080041
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230707
FILED AS OF DATE: 20230711
DATE AS OF CHANGE: 20230711
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Chatwani Robert
CENTRAL INDEX KEY: 0001968977
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38465
FILM NUMBER: 231082862
MAIL ADDRESS:
STREET 1: 221 MAIN STREET, SUITE 1550
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94105
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: DOCUSIGN, INC.
CENTRAL INDEX KEY: 0001261333
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372]
IRS NUMBER: 912183967
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0131
BUSINESS ADDRESS:
STREET 1: 221 MAIN ST., SUITE 1550
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94105
BUSINESS PHONE: 415-489-4940
MAIL ADDRESS:
STREET 1: 221 MAIN ST., SUITE 1550
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94105
FORMER COMPANY:
FORMER CONFORMED NAME: DOCUSIGN INC
DATE OF NAME CHANGE: 20030826
4
1
tm2321079-5_4seq1.xml
OWNERSHIP DOCUMENT
X0407
4
2023-07-07
0
0001261333
DOCUSIGN, INC.
DOCU
0001968977
Chatwani Robert
C/O DOCUSIGN, INC.
221 MAIN STREET, SUITE 1550
SAN FRANCISCO
CA
94105
0
1
0
0
President General Mgr, Growth
0
Performance Stock Units
2023-07-07
4
A
0
17497
0.00
A
Common Stock
17497
17497
D
Performance Stock Units
2023-07-07
4
A
0
8748
0.00
A
Common Stock
8748
8748
D
Performance Stock Units
2023-07-07
4
A
0
8748
0.00
A
Common Stock
8748
8748
D
Each performance vested restricted stock unit ("PSU") represents a contingent right to receive one share of Issuer common stock.
The PSUs will vest depending on the Company's total shareholder return ("TSR") over a three year performance period, relative to companies in the Nasdaq Composite Index, subject to continued service with certain limited exceptions. The maximum number of TSR based PSUs that may vest is capped at 200% of the target number of TSR based PSUs.
The PSUs will vest depending on the Company's subscription revenue for the twelve month period ended January 31, 2024 (the "One Year 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.
The PSUs will vest depending on the Company's free cash flow for the One Year 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.
/s/ Lisa Yun, Attorney in Fact
2023-07-11