secwatch.observer — SEC 8-K summary
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Issuer:     DOCUSIGN, INC. (DOCU)
CIK:        0001261333
Form:       8-K
Filed at:   2025-01-17T23:59:59+00:00
Accession:  0001261333-25-000004
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

DocuSign makes permanent enhanced severance for CFO, President, and General Counsel
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- Compensation Committee approved permanent severance enhancements for CFO Blake Grayson, President Robert Chatwani, and Chief Legal Officer James Shaughnessy.
- Outside change in control: 12 months salary, 100% target bonus, 12 months COBRA, 12 months equity vesting acceleration.
- During change in control: same salary, bonus, COBRA plus 100% equity acceleration of all time-based awards.
- Agreements replace temporary enhancements that were set to expire on December 31, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1261333/000126133325000004/0001261333-25-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1261333/000126133325000004/docu-20250115.htm
  HTML page:      https://secwatch.observer/filing/0001261333-25-000004

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