Michael Alan Smith - Feb 21, 2023 Form 4 Insider Report for Doma Holdings, Inc. (DOMA)

Role: EVP & Chief Financial Officer
Signature: /s/ Christian Ameri, as Attorney-in-Fact for Michael Alan Smith
Stock symbol: DOMA
Transactions as of: Feb 21, 2023
Transactions value $: -$2,439
Form type: 4
Date filed: 2/22/2023, 03:41 PM
Previous filing: Dec 12, 2022
Next filing: Apr 4, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	DOMA	Common stock	Sale	-$2.44K	-3.57K	-0.15%	$0.68	2.41M	Feb 21, 2023	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	As previously reported, on October 6, 2021, the reporting person was granted 129,871 restricted stock units ("RSUs") under the Doma Holdings, Inc.'s (the "Company") Omnibus Incentive Plan (the "Plan"), representing the right to receive shares of Company common stock in the future. The "Vesting Commencement Date" of the grant was August 16, 2021, and the grant vests as follows: 25% of the RSUs vest on the first anniversary of the Vesting Commencement Date and the remainder vest in 12 consecutive, equal, quarterly installments such that the award is fully vested on the fourth anniversary of the Vesting Commencement Date; provided the reporting person is continuously employed through such date as applicable. On February 16, 2023, 8,117 shares of such RSUs vested. In connection with this vesting, 3,566 shares were sold on February 21, 2023 to satisfy the reporting person's tax withholding obligations.
F2	The price reported above in Column 4 represents a weighted average sales price. This transaction was executed in multiple trades at prices ranging from $0.665 to $0.703, inclusive. The reporting person hereby undertakes to provide, upon request, to the Issuer, any security holder of the Company, or the staff of the Securities and Exchange Commission, full information regarding the number of shares and prices at which the transaction was effected.

Content

As previously reported, on October 6, 2021, the reporting person was granted 129,871 restricted stock units ("RSUs") under the Doma Holdings, Inc.'s (the "Company") Omnibus Incentive Plan (the "Plan"), representing the right to receive shares of Company common stock in the future. The "Vesting Commencement Date" of the grant was August 16, 2021, and the grant vests as follows: 25% of the RSUs vest on the first anniversary of the Vesting Commencement Date and the remainder vest in 12 consecutive, equal, quarterly installments such that the award is fully vested on the fourth anniversary of the Vesting Commencement Date; provided the reporting person is continuously employed through such date as applicable. On February 16, 2023, 8,117 shares of such RSUs vested. In connection with this vesting, 3,566 shares were sold on February 21, 2023 to satisfy the reporting person's tax withholding obligations.

The price reported above in Column 4 represents a weighted average sales price. This transaction was executed in multiple trades at prices ranging from $0.665 to $0.703, inclusive. The reporting person hereby undertakes to provide, upon request, to the Issuer, any security holder of the Company, or the staff of the Securities and Exchange Commission, full information regarding the number of shares and prices at which the transaction was effected.