Doximity, Inc. — Director's Dealing 2021

Jun 29, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Doximity, Inc. (DOCS)
CIK: 0001516513
Period of Report: 2021-06-28

Reporting Person: Spain Kevin (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-06-28	Class A Common Stock	P	775000	$26	Acquired	775000	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-06-28	Series A Preferred Stock	$	C	13296504	Disposed		Class B Common Stock (13296504.0)	Indirect
2021-06-28	Series B Preferred Stock	$	C	5412972	Disposed		Class B Common Stock (5412972.0)	Indirect
2021-06-28	Series C Preferred Stock	$	C	4756302	Disposed		Class B Common Stock (4756302.0)	Indirect
2021-06-28	Class B Common Stock	$	C	23465778	Acquired		Class A Common Stock (23465778.0)	Indirect

Footnotes

F1: Reflects shares of Class A Common Stock, par value $0.001 per share (the "Class A Common Stock"), Emergence Capital Opportunity I, L.P. ("ECO I") purchased in the Issuer's initial public offering ("IPO") at the IPO price of $26.00 per share.

F2: These shares are held directly by ECO I. The sole general partner of ECO I is Emergence Equity Partners VI, L.P. ("EEP VI"), and the sole general partner of EEP VI is Emergence GP Partners, LLC ("EGP"). The Reporting Person is a member of EEP VI. The Reporting Person disclaims Section 16 beneficial ownership of the shares held by ECO I, except to the extent, if any, of his pecuniary interest therein, and this report shall not be deemed an admission that he is the beneficial owner of such shares for Section 16 or any other purpose.

F3: Each share of Series A Preferred Stock, 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 IPO. The shares of Preferred Stock have no expiration date.

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 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.

F5: These shares are held directly by Emergence Capital Partners II, L.P. ("ECP II"). The sole general partner of ECP II is Emergence Equity Partners II, L.P. ("EEP II"), and the sole general partner of EEP II is EGP. The Reporting Person is a member of EEP II. The Reporting Person disclaims Section 16 beneficial ownership of the shares held by ECP II, except to the extent, if any, of his pecuniary interest therein, and this report shall not be deemed an admission that he is the beneficial owner of such shares for Section 16 or any other purpose.