Morgenthaler Venture Partners Ix Lp - Jun 28, 2021 Form 4 Insider Report for Doximity, Inc. (DOCS)

Role
10%+ Owner
Signature
MORGENTHALER VENTURE PARTNERS IX, L.P. By: Morgenthaler Management Partners IX, LLC, its General Partner By: /s/ Rebecca Lynn, Member
Stock symbol
DOCS
Transactions as of
Jun 28, 2021
Transactions value $
$0
Form type
4
Date filed
6/28/2021, 06:15 PM
Previous filing
Jun 23, 2021
Next filing
Nov 12, 2021

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 Series B Preferred Stock Conversion of derivative security $0 -15.4 M -100% $0.00 0 Jun 28, 2021 Class B Common Stock 15.4 M Direct F1, F2, F3
transaction DOCS Series C Preferred Stock Conversion of derivative security $0 -1.66 M -100% $0.00 0 Jun 28, 2021 Class B Common Stock 1.66 M Direct F1, F2, F3
transaction DOCS Class B Common Stock Conversion of derivative security $0 +17.1 M $0.00 17.1 M Jun 28, 2021 Class A Common Stock 17.1 M Direct F1, F2, F3

Explanation of Responses:

Id Content
F1 Each share of Series B Preferred Stock and Series C Preferred Stock (collectively, the "Preferred Stock") automatically converted into one share of Class B Common Stock, par value $0.001 per share (the "Class B Common Stock"), on a one-for-one basis, immediately prior to the closing of the Issuer's initial public offering ("IPO"). The shares of Preferred Stock have no expiration date.
F2 Each share of Class B Common Stock is convertible into one share of Class A Common Stock, par value $0.001 per share (the "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 IPO; 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.
F3 These shares are directly held by Morgenthaler Venture Partners IX, L.P. ("Morgenthaler"). Morgenthaler Management Partners IX, LLC ("MMP IX") is the sole general partner of Morgenthaler. MMP IX may be deemed to indirectly beneficially own the shares held by Morgenthaler, and MMP IX disclaims beneficial ownership of such shares, except to the extent of its pecuniary interest therein.