SEC Form 4 · accession 0001657309-26-000012
DOCUSIGN, INC. · DOCU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Allan C. Thygesen
Officer — President and CEO · Director
Period of report
Jul 9, 2026
Accepted (ET)
Jul 10, 2026 · 4:44 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0001261333
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2,F3 | — | Jul 9, 2026 | A | 182,366 | A | — | — | Common Stock | 182,366 | 182,366 | D |
| Performance Stock UnitsF4,F5,F6 | — | Jul 9, 2026 | A | 136,774 | A | — | — | Common Stock | 136,774 | 136,774 | D |
| Performance Stock UnitsF4,F7,F6 | — | Jul 9, 2026 | A | 136,774 | A | — | — | Common Stock | 136,774 | 136,774 | D |
Explanation of responses
- F1Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
- F2The RSUs will vest in equal quarterly installments over three years, with a vesting commencement date of May 10, 2026, in each case subject to the Reporting Person being a service provider through such date.
- F3The RSUs do not expire; they either vest or are canceled prior to vesting date.
- F4Each performance stock unit ("PSU") represents a contingent right to receive one share of the Issuer's common stock.
- F5The PSUs will vest depending on the Issuer's achievement of subscription revenue goals over a three-year performance period (the "FY29 Financial Performance Period"), with the goals established at the beginning of the first, second and third 12-month periods during the FY29 Financial 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. 100% of any achieved subscription revenue-based PSUs will vest on June 10, 2029, subject to the Reporting Person's continued service with certain limited exceptions.
- F6PSUs do not expire; they either vest or are canceled prior to the vest date.
- F7The PSUs will vest depending on the Issuer's achievement of free cash flow goals over the FY29 Financial Performance Period, with the goals established at the beginning of the first, second and third 12-month periods during the FY29 Financial 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. 100% of any achieved free cash flow-based PSUs will vest on June 10, 2029, subject to the Reporting Person's continued service with certain limited exceptions.