Regina M. Benjamin - Nov 12, 2021 Form 4 Insider Report for Doximity, Inc. (DOCS)

Role
Director
Signature
/s/ Jennifer Chaloemtiarana, Attorney-in-Fact
Stock symbol
DOCS
Transactions as of
Nov 12, 2021
Transactions value $
-$7,928,066
Form type
4
Date filed
11/16/2021, 04:11 PM
Previous filing
Nov 8, 2021
Next filing
Feb 15, 2022

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 +106K 106K Nov 12, 2021 Direct F1
transaction DOCS Class A Common Stock Sale -$6.16M -82.5K -77.93% $74.67 23.4K Nov 12, 2021 Direct F2
transaction DOCS Class A Common Stock Sale -$1.69M -22.4K -95.72% $75.70 1K Nov 12, 2021 Direct F3
transaction DOCS Class A Common Stock Sale -$75K -1K -100% $75.02 0 Nov 12, 2021 Direct

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 Stock Option (Right to Buy) Options Exercise $0 -105K -19.56% $0.00 431K Nov 12, 2021 Class B Common Stock 105K $2.21 Direct F4, F5
transaction DOCS Stock Option (Right to Buy) Options Exercise $0 -1K -100% $0.00* 0 Nov 12, 2021 Class B Common Stock 1K $1.05 Direct F5, F6
transaction DOCS Class B Common Stock Options Exercise $0 +105K $0.00 105K Nov 12, 2021 Class A Common Stock 105K Direct F5
transaction DOCS Class B Common Stock Options Exercise $0 +1K +0.95% $0.00 106K Nov 12, 2021 Class A Common Stock 1K Direct F5
transaction DOCS Class B Common Stock Conversion of derivative security $0 -106K -100% $0.00* 0 Nov 12, 2021 Class A Common Stock 106K Direct F1, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share of Class B Common Stock, par value $0.001 per share (the "Class B Common Stock"), converted into one share of Class A Common Stock, par value $0.001 per share (the "Class A Common Stock"), at the option of the holder.
F2 The price represents the weighted-average price of the shares sold in multiple transactions ranging from $75.0000 to $75.9900 per share, inclusive. The Reporting Person undertakes to provide the Issuer, a security holder of the Issuer, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3 The price represents the weighted-average price of the shares sold in multiple transactions ranging from $76.0000 to $76.1800 per share, inclusive. The Reporting Person undertakes to provide the Issuer, a security holder of the Issuer, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F4 The stock option vests in 36 equal monthly installments after September 2, 2020, subject to the Reporting Person's continuous service relationship with the Issuer through each applicable vesting date. The stock option was granted on September 2, 2020.
F5 Each share of Class B Common Stock is convertible into one share of 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 Issuer's initial public offering; 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.
F6 The stock option was granted on June 6, 2018 and fully vested as of such date.