Michael Alan Smith - May 18, 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: May 18, 2023
Transactions value $: -$880
Form type: 4
Date filed: 5/19/2023, 04:32 PM
Previous filing: Apr 4, 2023
Next filing: Jul 25, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	DOMA	Common stock	Sale	-$880	-3.12K	-0.13%	$0.28	2.38M	May 18, 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 May 16, 2023, 8,117 shares of such RSUs vested. In connection with this vesting, 3,121 shares were sold on May 18, 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 $0.28 to $0.29, inclusive. The reporting person hereby undertakes to provide, upon request, to the Company, 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 May 16, 2023, 8,117 shares of such RSUs vested. In connection with this vesting, 3,121 shares were sold on May 18, 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 $0.28 to $0.29, inclusive. The reporting person hereby undertakes to provide, upon request, to the Company, 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.