Morgenthaler Venture Partners Ix Lp - Nov 10, 2021 Form 4 Insider Report for Doximity, Inc. (DOCS)

Role: 10%+ Owner
Signature: MORGENTHALER VENTURE PARTNERS IX, L.P. By: Morgenthaler Management Partners IX, LLC, its General Partner By: /s/ Travis Boettner, Chef Financial Officer and Chief Compliance Officer
Stock symbol: DOCS
Transactions as of: Nov 10, 2021
Transactions value $: $0
Form type: 4
Date filed: 11/12/2021, 03:43 PM
Previous filing: Jun 28, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	DOCS	Class A Common Stock	Conversion of derivative security	$0	+17.1M		$0.00	17.1M	Nov 10, 2021	Direct	F1, F2
transaction	DOCS	Class A Common Stock	Other	$0	-8.54M	-50%	$0.00	8.54M	Nov 12, 2021	Direct	F2, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	DOCS	Class B Common Stock	Conversion of derivative security	$0	-17.1M	-100%	$0.00^*	0	Nov 10, 2021	Class A Common Stock	17.1M		Direct	F1, F2, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Morgenthaler Venture Partners Ix Lp is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id	Content
F1	Conversion of a derivative security in accordance of its terms.
F2	These shares are directly held by Morgenthaler Venture Partners IX, L.P. ("Morgenthaler"). Morgenthaler Management Partners IX, LLC ("MMP IX") is the sole general partner of Morgenthaler. MMP IX may be deemed to indirectly beneficially own the shares held by Morgenthaler, and MMP IX disclaims beneficial ownership of such shares, except to the extent of its pecuniary interest therein.
F3	Represents a pro-rata, in-kind distribution by Morgenthaler and its affiliated funds, not for additional consideration, to MMP IX and its respective members and assignees.
F4	Each share of Class B Common Stock is convertible into one share of Class A Common Stock, par value $0.001 per share (the "Class A Common Stock"), at any time at the option of the holder. Each share of Class B Common Stock held by the Reporting Person will automatically convert into one share of Class A Common Stock, upon the following: (1) the sale or transfer of such share of Class B Common Stock, except for certain permitted transfers described in the Issuer's amended and restated certificate of incorporation; (2) the death or incapacity of the Reporting Person; and (3) on the final conversion date, defined as the earlier of (a) the tenth anniversary of the effectiveness of the registration statement in connection with the IPO; or (b) the date specified by a vote of the holders of at least 66 2/3% of the outstanding shares of Class B Common Stock, voting as a single class.