December 15, 2024 · Form 4 insider transaction
Thygesen Allan C. sold 8,750 shares of DocuSign, Inc. at $0.00 per share, a transaction worth N/A. The trade was recorded as option exercise and disclosed on an SEC Form 4, filed 2 days after the transaction.
Each PSU represents a contingent right to receive one share of the Issuer's common stock.; 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.