Regina M. Benjamin - 11 Feb 2025 Form 4 Insider Report for Doximity, Inc. (DOCS)

Role
Director
Signature
/s/ Jennifer Chaloemtiarana, Attorney-in-Fact
Issuer symbol
DOCS
Transactions as of
11 Feb 2025
Net transactions value
-$3,045,883
Form type
4
Filing time
13 Feb 2025, 16:07:30 UTC
Previous filing
30 Aug 2024
Next filing
14 Mar 2025

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 +40,000 +241% 56,618 11 Feb 2025 Direct F1
transaction DOCS Class A Common Stock Sale $521,688 -6,956 -12% $75.00 49,662 11 Feb 2025 Direct F2
transaction DOCS Class A Common Stock Sale $1,733,967 -22,835 -46% $75.93 26,827 11 Feb 2025 Direct F3
transaction DOCS Class A Common Stock Sale $508,833 -6,623 -25% $76.83 20,204 11 Feb 2025 Direct F4
transaction DOCS Class A Common Stock Sale $225,625 -2,886 -14% $78.18 17,318 11 Feb 2025 Direct F5
transaction DOCS Class A Common Stock Sale $55,770 -700 -4% $79.67 16,618 11 Feb 2025 Direct F6

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 -40,000 -9.5% $0.000000 381,138 11 Feb 2025 Class B Common Stock 40,000 $2.21 Direct F7, F8
transaction DOCS Class B Common Stock Options Exercise $0 +40,000 $0.000000 40,000 11 Feb 2025 Class A Common Stock 40,000 Direct F8
transaction DOCS Class B Common Stock Conversion of derivative security $0 -40,000 -100% $0.000000 0 11 Feb 2025 Class A Common Stock 40,000 Direct F1, F8
* 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 $74.4900 to $75.4600 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 $75.5100 to $76.5000 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 price represents the weighted-average price of the shares sold in multiple transactions ranging from $76.5200 to $77.5000 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.
F5 The price represents the weighted-average price of the shares sold in multiple transactions ranging from $77.6800 to $78.3900 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.
F6 The price represents the weighted-average price of the shares sold in multiple transactions ranging from $79.0000 to $79.9500 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.
F7 The stock option vested 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.
F8 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.