Anna Bryson - 02 Feb 2023 Form 4 Insider Report for Doximity, Inc. (DOCS)

Role: Chief Financial Officer
Signature: /s/ Anna Bryson
Issuer symbol: DOCS
Transactions as of: 02 Feb 2023
Net transactions value: -$1,000,000
Form type: 4
Filing time: 03 Feb 2023, 20:42:12 UTC
Previous filing: 16 Nov 2021
Next filing: 14 Sep 2023
SEC: View on sec.gov

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		+25,000	+24%		129,763	02 Feb 2023	Direct	F1
transaction	DOCS	Class A Common Stock	Sale	$1,000,000	-25,000	-19%	$40.00	104,763	02 Feb 2023	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
transaction	DOCS	Stock Option (Right to Buy)	Options Exercise	$0	-25,000	-3.6%	$0.000000	667,268	02 Feb 2023	Class B Common Stock	25,000	$8.26	Direct	F3, F4
transaction	DOCS	Class B Common Stock	Options Exercise	$0	+25,000		$0.000000	25,000	02 Feb 2023	Class A Common Stock	25,000		Direct	F4
transaction	DOCS	Class B Common Stock	Conversion of derivative security	$0	-25,000	-100%	$0.000000^*	0	02 Feb 2023	Class A Common Stock	25,000		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 sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 31, 2022.
F3	The stock option vests in 60 equal monthly installments after February 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 February 5, 2021.
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.