DOCUSIGN director logs RSU grant and small share sale
DOCUSIGN, INC. director Teresa Briggs reported a mix of equity compensation and routine trading activity.
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Rhea-AI Filing Summary
DOCUSIGN, INC. director Teresa Briggs reported a mix of equity compensation and routine trading activity. She received a grant of 4,384 restricted stock units, each representing one share of common stock, which will vest in equal quarterly installments over one year, subject to continued service. On the same filing, she exercised 729 RSUs into common stock and sold 365 common shares at $50.04 per share in an open-market transaction executed under a pre-arranged Rule 10b5-1 trading plan. Following these transactions, she holds 10,263 common shares directly.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 4,384 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 729 | $0.00 | $0.00 |
| Exercise | Common Stock | 729 | $0.00 | $0.00 |
| Sale | Common Stock | 365 | $50.04 | $18K |
Footnotes (5)
- F1. The transaction was effected pursuant to a Rule 10b5-1 plan adopted by the Reporting Person.
- F2. Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
- F3. The RSUs have a vest commencement date of May 29, 2025 and will vest in equal quarterly installments over one year, provided that the fourth quarterly installment shall vest in full on the earlier of (i) the date of the Company's next annual meeting of stockholders and (ii) the one year anniversary of the grant, in each case, subject to the Reporting Person being a service provider through each such date.
- F4. The RSUs do not expire; they either vest or are canceled prior to vesting date.
- F5. The RSUs have a vest commencement date of June 1, 2026 and will vest in equal quarterly installments over one year, provided that the fourth quarterly installment shall vest in full on the earlier of (i) the date of the Company's next annual meeting of stockholders and (ii) the one year anniversary of the grant, in each case, subject to the Reporting Person being a service provider through each such date.
Key Figures
Key Terms
Restricted Stock Units financial
Rule 10b5-1 plan regulatory
vest in equal quarterly installments financial
contingent right financial
FAQ
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What did DOCUSIGN (DOCU) director Teresa Briggs report in this Form 4?
How many DOCUSIGN (DOCU) restricted stock units were granted to Teresa Briggs?
What is the vesting schedule for Teresa Briggs’ new DOCUSIGN (DOCU) RSU grant?
What does it mean that Teresa Briggs’ DOCUSIGN (DOCU) sale used a Rule 10b5-1 plan?
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