Paul W. Jorgensen - Mar 22, 2022 Form 3 Insider Report for Doximity, Inc. (DOCS)

Role
Chief Revenue Officer
Signature
/s/ Jennifer Chaloemtiarana, Attorney-in-Fact
Stock symbol
DOCS
Transactions as of
Mar 22, 2022
Transactions value $
$0
Form type
3
Date filed
4/1/2022, 04:27 PM
Next filing
May 18, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding DOCS Class A Common Stock 183K Mar 22, 2022 Direct
holding DOCS Class A Common Stock 62.6K Mar 22, 2022 Direct F1
holding DOCS Class A Common Stock 62.6K Mar 22, 2022 Direct F2

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
holding DOCS Stock Option (Right to Buy) Mar 22, 2022 Class B Common Stock 31.2K $0.82 Direct F3, F4
holding DOCS Stock Option (Right to Buy) Mar 22, 2022 Class B Common Stock 60.4K $0.82 Direct F4, F5
holding DOCS Stock Option (Right to Buy) Mar 22, 2022 Class B Common Stock 55.6K $1.09 Direct F4, F6
holding DOCS Stock Option (Right to Buy) Mar 22, 2022 Class B Common Stock 10.1K $1.50 Direct F4, F7
holding DOCS Stock Option (Right to Buy) Mar 22, 2022 Class B Common Stock 147K $2.21 Direct F4, F8
holding DOCS Stock Option (Right to Buy) Mar 22, 2022 Class B Common Stock 38.5K $12.56 Direct F4, F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units ("RSUs") granted on February 15, 2022, which vest in 16 equal quarterly installments following February 15, 2022, subject to the Reporting Person's continuous service relationship with the Issuer through each applicable vesting date.
F2 Represents RSUs granted on February 15, 2022, which fully vest on December 31, 2024, subject to the Reporting Person's continuous service relationship with the Issuer on such vesting date.
F3 The stock option vests subject to a time-based and performance-based vesting schedule. The stock option vests in part upon the achievement of certain performance goals in 2018. Upon determination by the Issuer's Board of Directors (the "Board") that such performance goals were met, the stock option vests in 48 equal monthly installments after February 13, 2019, subject to the Reporting Person's continuous service relationship with the Issuer through each applicable vesting date. The stock option was granted on August 29, 2017.
F4 Each share of Class B Common Stock, par value $0.001 per share (the "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 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.
F5 The stock option vests subject to a time-based and performance-based vesting schedule. The stock option vests in part upon the achievement of certain performance goals in 2019. Upon determination by the Board that such performance goals were met, the stock option vests in 48 equal monthly installments after March 27, 2020, subject to the Reporting Person's continuous service relationship with the Issuer through each applicable vesting date. The stock option was granted on August 29, 2017.
F6 The stock option vests subject to a time-based and performance-based vesting schedule. The stock option vests in part upon the achievement of certain performance goals in 2020. Upon determination by the Board that such performance goals were met, the stock option vests in 48 equal monthly installments after March 27, 2020, subject to the Reporting Person's continuous service relationship with the Issuer through each applicable vesting date. The stock option was granted on February 13, 2019.
F7 The stock option vests in 48 equal monthly installments after August 28, 2019, subject to the Reporting Person's continuous service relationship with the Issuer through each applicable vesting date. The stock option was granted on August 28, 2019.
F8 The stock option vests in 48 equal monthly installments after July 1, 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.
F9 The stock option vests in 48 equal monthly installments after May 1, 2021, subject to the Reporting Person's continuous service relationship with the Issuer through each applicable vesting date. The stock option was granted on May 7, 2021.

Remarks:

Exhibit 24 - Power of Attorney