Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On January 2, 2023, the Board of Directors (the "Board") of DocuSign, Inc. (the
"Company") adopted resolutions confirming and approving the appointment of
Daniel D. Springer as a member of the Board. Mr. Springer will serve as a Class
I director whose term will expire at the Company's 2025 Annual Meeting of
Stockholders, which is the next stockholder meeting at which Class I directors
will be elected, and until Mr. Springer's successor shall have been duly elected
and qualified, or until Mr. Springer's earlier death, resignation,
disqualification or removal.
Mr. Springer, the Company's former Chief Executive Officer, previously filed a
lawsuit in the Court of Chancery of the State of Delaware (the "Chancery Court")
contesting his resignation from the Board, as previously disclosed on a Current
Report on Form 8-K filed on November 18, 2022.
There is no arrangement or understanding between Mr. Springer and any other
person pursuant to which Mr. Springer was selected as a director. Mr. Springer
has no direct or indirect material interest in any transaction required to be
disclosed pursuant to Item 404(a) of Regulation S-K of the Securities Act. Mr.
Springer is eligible to receive compensation for his service as a member of the
Board in accordance with the Company's Amended and Restated Director
Compensation Policy, filed as Exhibit 10.1 to the Company's Quarterly Report on
Form 10-Q on June 4, 2021.
Mr. Springer also previously entered into the Company's standard form of
indemnity agreement, filed as Exhibit 10.1 to the Company's Current Report on
Form 8-K on December 3, 2020.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits:
Exhibit No. Description
104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
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