Anna Bryson - May 15, 2024 Form 4 Insider Report for Doximity, Inc. (DOCS)

Role: Chief Financial Officer
Signature: /s/ Jennifer Chaloemtiarana, Attorney-in-Fact
Stock symbol: DOCS
Transactions as of: May 15, 2024
Transactions value $: -$74,503
Form type: 4
Date filed: 5/17/2024, 05:34 PM
Previous filing: Feb 16, 2024
Next filing: Jun 14, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	DOCS	Class A Common Stock	Tax liability	-$74.5K	-3.17K	-1.3%	$23.51	241K	May 15, 2024	Direct	F1
transaction	DOCS	Class A Common Stock	Conversion of derivative security		+48K	+19.94%		289K	May 16, 2024	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	-48K	-73.86%	$0.00	17K	May 16, 2024	Class B Common Stock	48K	$1.54	Direct	F3, F4
transaction	DOCS	Class B Common Stock	Options Exercise	$0	+48K		$0.00	48K	May 16, 2024	Class A Common Stock	48K		Direct	F4
transaction	DOCS	Class B Common Stock	Conversion of derivative security	$0	-48K	-100%	$0.00^*	0	May 16, 2024	Class A Common Stock	48K		Direct	F2, F4

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

Explanation of Responses:

Id	Content
F1	Represents shares of Class A Common Stock, par value $0.001 per share (the "Class A Common Stock"), withheld by the Issuer in satisfaction of tax withholding obligations in connection with the vesting of restricted stock units previously granted to the Reporting Person. Such withholding is mandated by an election of the Issuer made in advance and does not represent a discretionary trade by the Reporting Person.
F2	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 at the option of the holder.
F3	The stock option vests in 48 equal monthly installments after May 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 June 10, 2020.
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.