Jeffrey Tangney - Feb 6, 2025 Form 4 Insider Report for Doximity, Inc. (DOCS)

Signature
/s/ Jennifer Chaloemtiarana, Attorney-in-Fact for Jeffrey Tangney
Stock symbol
DOCS
Transactions as of
Feb 6, 2025
Transactions value $
$0
Form type
4
Date filed
2/7/2025, 04:30 PM
Previous filing
Nov 15, 2024
Next filing
Feb 13, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DOCS Class A Common Stock Conversion of derivative security +350K +13.83% 2.88M Feb 6, 2025 Direct F1, F2
transaction DOCS Class A Common Stock Conversion of derivative security +250K 250K Feb 6, 2025 By Tangney Schweikert Family Trust F1, F3

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 Class B Common Stock Conversion of derivative security $0 -350K -8.19% $0.00 3.92M Feb 6, 2025 Class A Common Stock 350K Direct F1, F2, F4
transaction DOCS Class B Common Stock Conversion of derivative security $0 -250K -1.03% $0.00 24M Feb 6, 2025 Class A Common Stock 250K By Tangney Schweikert Family Trust F1, F3, F4
holding DOCS Class B Common Stock 20M Feb 6, 2025 Class A Common Stock 20M By Tangney Annuity Trust, LLC F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the conversion of certain shares of Class B Common Stock, par value $0.001 per share (the "Class B Common Stock"), into shares of Class A Common Stock, par value $0.001 per share (the "Class A Common Stock"), at the option of the holder. Each share of Class B Common Stock converted into one share of Class A Common Stock.
F2 These shares are owned directly by Jeffrey Tangney.
F3 These shares are owned directly by the Tangney Schweikert Family Trust, a ten percent owner of the Issuer and of which Mr. Tangney is trustee. Mr. Tangney disclaims beneficial ownership over the shares held by the Tangney Schweikert Family Trust, except to the extent, if any, of his pecuniary interest therein, and nothing in this report shall be deemed an admission that Mr. Tangney has beneficial ownership over any such shares for Section 16 purposes or otherwise.
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 These shares are owned directly by Tangney Annuity Trust, LLC, a ten percent owner of the Issuer and over which Mr. Tangney's spouse, Claudia Schweikert, has sole voting and dispositive power. Mr. Tangney disclaims beneficial ownership over the shares held by Tangney Annuity Trust, LLC, except to the extent, if any, of his pecuniary interest therein, and nothing in this report shall be deemed an admission that Mr. Tangney has beneficial ownership over any such shares for Section 16 purposes or otherwise.