Michael Alan Smith - Jul 21, 2023 Form 4 Insider Report for Doma Holdings, Inc. (DOMA)

Signature
/s/ Christian Ameri, as Attorney-in-Fact for Michael Alan Smith
Stock symbol
DOMA
Transactions as of
Jul 21, 2023
Transactions value $
-$16,045
Form type
4
Date filed
7/25/2023, 04:53 PM
Previous filing
May 19, 2023
Next filing
Aug 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DOMA Common stock Sale -$809 -110 -0.12% $7.35 95.3K Jul 21, 2023 Direct F1, F2
transaction DOMA Common stock Sale -$15.2K -2.07K -2.18% $7.35 93.2K Jul 21, 2023 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 As previously reported, the reporting person was granted restricted stock units ("RSUs") under the Doma Holdings, Inc.'s (the "Company") Omnibus Incentive Plan (the "Plan"), representing the right to receive shares of Company common stock in the future. The "Vesting Commencement Date" of the grant was March 31, 2022, and the grant vests as follows: 25% of the RSUs vest on the first anniversary of the Vesting Commencement Date and the remainder vest in 12 consecutive, equal, quarterly installments such that the award is fully vested on the fourth anniversary of the Vesting Commencement Date; provided the reporting person is continuously employed through such date as applicable. On June 30, 2023, 454 shares of such RSUs vested. In connection with this vesting, 110 shares were sold on July 21, 2023 to satisfy the reporting person's tax withholding obligations.
F2 The price reported above in Column 4 represents a weighted average sales price. This transaction was executed in multiple trades at prices ranging from $7.01 to $7.79, inclusive. The reporting person hereby undertakes to provide, upon request, to the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, full information regarding the number of shares and prices at which the transaction was effected.
F3 As previously reported, the reporting person was granted RSUs under the Company's Plan, representing the right to receive shares of Company common stock in the future. The "Vesting Commencement Date" of the grant was July 11, 2022, and the grant vests as follows: 25% of the RSUs vest on the first anniversary of the Vesting Commencement Date and the remainder vest in 12 consecutive, equal, quarterly installments such that the award is fully vested on the fourth anniversary of the Vesting Commencement Date; provided the reporting person is continuously employed through such date as applicable. On July 11, 2023, 7,000 shares of such RSUs vested. In connection with this vesting, 2,073 shares were sold on July 21, 2023 to satisfy the reporting person's tax withholding obligations.

Remarks:

All holdings herein have been adjusted to reflect the Company's reverse stock split effected on June 29, 2023.