---
schema_version: "secwatch.filing_event.v1"
accession: "0001261333-22-000135"
form_type: "8-K"
ticker: "DOCU"
cik: "0001261333"
company_name: "DOCUSIGN, INC."
filed_at: "2022-07-29T23:59:59+00:00"
generated_at: "2026-06-24T06:50:54.200736+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# DocuSign finalizes separation with ex-COO Olrich; $346,667 severance, 6-mo equity acceleration

## Summary
- Cash severance of $216,667 (6-month salary) plus $130,000 bonus severance.
- COBRA premium coverage for up to 6 months, with taxable cash alternative if required.
- Acceleration of time-based RSU vesting by 6 months (through Dec 20, 2022).
- PSUs subject to pro-rata vesting based on actual performance achievement at end of performance period.
- If Change in Control closes by Sept 20, 2022, cash severance doubles to $433,333, 12-mo COBRA, full RSU vest.

## SEC filing metadata
- accession: 0001261333-22-000135
- form_type: 8-K
- ticker: DOCU
- cik: 0001261333
- company_name: DOCUSIGN, INC.
- filed_at: 2022-07-29T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1261333/000126133322000135/0001261333-22-000135-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1261333/000126133322000135/docu-20220728.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001261333-22-000135
- JSON: https://secwatch.observer/filing/0001261333-22-000135.json
- Plain text: https://secwatch.observer/filing/0001261333-22-000135.txt

## Key facts
- Executive change
  Scott Olrich resigned as Chief Operating Officer at DOCUSIGN, INC..
  - Action: resigned
  - Role: Chief Operating Officer
  source text: on June 20, 2022, the Company’s board of directors (the “Board”) accepted the resignation of Scott Olrich, the Company’s Chief Operating Officer, effective June 20, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1261333/000126133322000135/0001261333-22-000135-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.