secwatch.observer — SEC 8-K summary
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Issuer:     DOCUSIGN, INC. (DOCU)
CIK:        0001261333
Form:       8-K
Filed at:   2023-03-10T23:59:59+00:00
Accession:  0001261333-23-000031
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

DocuSign CFO Cynthia Gaylor resigns effective June 15, 2023; Robert Chatwani named President & GM
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- CFO Cynthia Gaylor resigns; effective June 15, 2023; will assist transition until then.
- Gaylor receives $3M retention RSUs vesting at separation, $1M retention cash bonus.
- Gaylor severance: $500K cash, $500K bonus, ~$150K prorated bonus, 12-month COBRA, 12-month equity acceleration.
- Robert Chatwani named President & GM, Growth; Section 16 officer; comp: $510K salary, $1M signing bonus, $20M RSUs (4yr).
- Enhanced severance benefits extended to Dec 31, 2023 for CFO, three other officers, and Chatwani.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1261333/000126133323000031/0001261333-23-000031-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1261333/000126133323000031/docu-20230307.htm
  HTML page:      https://secwatch.observer/filing/0001261333-23-000031

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer