Joseph B. Kleine - Nov 9, 2021 Form 4 Insider Report for Doximity, Inc. (DOCS)

Role: Chief Commercial Officer
Signature: /s/ Jennifer Chaloemtiarana, Attorney-in-Fact
Stock symbol: DOCS
Transactions as of: Nov 9, 2021
Transactions value $: $0
Form type: 4
Date filed: 11/16/2021, 04:30 PM
Previous filing: Aug 20, 2021
Next filing: Jan 14, 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		+70K			70K	Nov 9, 2021	Direct	F1

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	-70K	-50%	$0.00	70K	Nov 9, 2021	Class B Common Stock	70K	$0.57	Direct	F2, F3, F4
transaction	DOCS	Class B Common Stock	Options Exercise	$0	+70K		$0.00	70K	Nov 9, 2021	Class A Common Stock	70K		Direct	F4
transaction	DOCS	Class B Common Stock	Conversion of derivative security	$0	-70K	-100%	$0.00^*	0	Nov 9, 2021	Class A Common Stock	70K		Direct	F1, F4

* 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 stock option vested as to 1/4th of the shares subject to the stock option on February 22, 2017 and the remaining shares vested in 36 equal monthly installments thereafter, subject to the Reporting Person's continuous service relationship with the Issuer through each applicable vesting date. The stock option was granted on February 24, 2016 and became fully vested on February 22, 2020.
F3	In the event there is a change of control and the Issuer terminates the Reporting Person's employment other than for cause or the Reporting Person terminates his employment with the Issuer as a result of a constructive termination, in either case within 12 months following the consummation of a change of control, 100% of the then-unvested shares subject to the stock option shall vest and become exercisable as of such termination date.
F4	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.