DocuSign awards PSUs and RSUs to CRO Hansen
Hansen Paula reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Hansen Paula reported acquisition or exercise transactions in this Form 4 filing.
DOCUSIGN, INC. reported that Chief Revenue Officer Paula Hansen received equity awards consisting of 44,600 performance stock units in two separate grants and 89,200 restricted stock units on July 9, 2026. The RSUs vest in equal quarterly installments over three years starting May 10, 2026. The PSUs vest based on subscription revenue and free cash flow goals over a three-year FY29 Financial Performance Period, with any earned PSUs vesting on June 10, 2029 and capped at 200% of target.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F1, F2, F3 | 89,200 | $0.00 | $0.00 |
| Grant/Award | Performance Stock Units F4, F5, F6 | 44,600 | $0.00 | $0.00 |
| Grant/Award | Performance Stock Units F4, F7, F6 | 44,600 | $0.00 | $0.00 |
Footnotes (7)
- F1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
- F2. The 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.
- F3. The RSUs do not expire; they either vest or are canceled prior to vesting date.
- F4. Each performance stock unit ("PSU") represents a contingent right to receive one share of the Issuer's common stock.
- F5. The 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.
- F6. PSUs do not expire; they either vest or are canceled prior to the vest date.
- F7. The 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.
Key Figures
Key Terms
Performance Stock Units financial
Restricted Stock Units financial
free cash flow financial
subscription revenue financial
FY29 Financial Performance Period financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity awards did DOCU grant to Chief Revenue Officer Paula Hansen?
How do Paula Hansen’s DOCU restricted stock units vest?
What performance conditions apply to Paula Hansen’s DOCU performance stock units?
When could Paula Hansen’s DOCU performance stock units vest?
What is the maximum number of DOCU PSUs that can vest for Paula Hansen?
Do Paula Hansen’s RSUs and PSUs at DOCU have expiration dates?
AI-generated analysis. How Rhea-AI works. Not financial advice.