Doximity, Inc. — Director's Dealing 2022

Jan 14, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Doximity, Inc. (DOCS)
CIK: 0001516513
Period of Report: 2022-01-12

Reporting Person: Kleine Joseph B. (Chief Commercial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-01-12	Class A Common Stock	C	371760	—	Acquired	441760	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-01-12	Stock Option (Right to Buy)	$0.57	M	70000	Disposed	2026-02-23	Class B Common Stock (70000.0)	Direct
2022-01-12	Stock Option (Right to Buy)	$0.57	M	6400	Disposed	2026-03-20	Class B Common Stock (6400.0)	Direct
2022-01-12	Stock Option (Right to Buy)	$0.97	M	183783	Disposed	2028-03-18	Class B Common Stock (183783.0)	Direct
2022-01-12	Stock Option (Right to Buy)	$0.72	M	8000	Disposed	2027-03-27	Class B Common Stock (8000.0)	Direct
2022-01-12	Stock Option (Right to Buy)	$0.72	M	68577	Disposed	2027-02-27	Class B Common Stock (68577.0)	Direct
2022-01-12	Stock Option (Right to Buy)	$0.72	M	35000	Disposed	2026-11-08	Class B Common Stock (35000.0)	Direct
2022-01-12	Class B Common Stock	$	M	70000	Acquired		Class A Common Stock (70000.0)	Direct
2022-01-12	Class B Common Stock	$	M	6400	Acquired		Class A Common Stock (6400.0)	Direct
2022-01-12	Class B Common Stock	$	M	183783	Acquired		Class A Common Stock (183783.0)	Direct
2022-01-12	Class B Common Stock	$	M	8000	Acquired		Class A Common Stock (8000.0)	Direct
2022-01-12	Class B Common Stock	$	M	68577	Acquired		Class A Common Stock (68577.0)	Direct
2022-01-12	Class B Common Stock	$	M	35000	Acquired		Class A Common Stock (35000.0)	Direct
2022-01-12	Class B Common Stock	$	C	371760	Disposed		Class A Common Stock (371760.0)	Direct

Footnotes

F1: 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, par value $0.001 per share (the "Class A Common Stock"), at the option of the holder.

F2: The stock option vested as to 1/4th of the shares subject to the stock option on February 22, 2017 and the remaining shares vested in 36 equal monthly installments thereafter, subject to the Reporting Person's continuous service relationship with the Issuer through each applicable vesting date. The stock option was granted on February 24, 2016 and became fully vested on February 22, 2020.

F3: In the event there is a change of control and the Issuer terminates the Reporting Person's employment other than for cause or the Reporting Person terminates his employment with the Issuer as a result of a constructive termination, in either case within 12 months following the consummation of a change of control, 100% of the then-unvested shares subject to the stock option shall vest and become exercisable as of such termination 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 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.

F5: The stock option vested subject to a time-based and performance-based vesting schedule. The stock option vested in part upon the achievement of certain performance goals in 2016 and 2017. Upon determination by the Issuer's Board of Directors that such performance goals were met, the stock option vested in 12 equal monthly installments after March 28, 2017, subject to the Reporting Person's continuous service relationship with the Issuer through each applicable vesting date. The stock option was granted on March 21, 2016 and became fully vested on March 28, 2018.

F6: The stock option vests in 48 equal monthly installments after March 19, 2018, subject to the Reporting Person's continuous service relationship with the Issuer through each applicable vesting date. The stock option was granted on March 19, 2018.

F7: The stock option vested in 12 equal monthly installments following the achievement of certain performance goals in calendar year 2017, subject to the Reporting Person's continuous service relationship with the Issuer through each applicable vesting date. The stock option was granted on March 28, 2017 and became fully vested on March 19, 2019.

F8: The stock option vested in 48 equal monthly installments after February 28, 2017, subject to the Reporting Person's continuous service relationship with the Issuer through each applicable vesting date. The stock option was granted on February 28, 2017 and became fully vested on February 28, 2021.

F9: The stock option vested in 48 equal monthly installments after November 9, 2016, subject to the Reporting Person's continuous service relationship with the Issuer through each applicable vesting date. The stock option was granted on November 9, 2016 and became fully vested on November 9, 2020.