4//SEC Filing
Spain Kevin 4
Accession 0000950170-24-063956
CIK 0001516513other
Filed
May 22, 8:00 PM ET
Accepted
May 23, 4:15 PM ET
Size
15.1 KB
Accession
0000950170-24-063956
Insider Transaction Report
Form 4
Doximity, Inc.DOCS
Spain Kevin
Director
Transactions
- Other
Class A Common Stock
2024-05-21−1,928,000→ 0 total(indirect: By Emergence Capital Partners II, L.P.) - Conversion
Class A Common Stock
2024-05-21+1,928,000→ 1,928,000 total(indirect: By Emergence Capital Partners II, L.P.) - Conversion
Class B Common Stock
2024-05-21−1,928,000→ 10,606,728 total(indirect: By Emergence Capital Partners II, L.P.)→ Class A Common Stock (1,928,000 underlying)
Holdings
- 213,624(indirect: See footnote)
Class A Common Stock
- 5,544
Class A Common Stock
- 775,000(indirect: By Emergence Capital Opportunity I, L.P.)
Class A Common Stock
Footnotes (6)
- [F1]On May 21, 2024, Emergence Capital Partners II, L.P. ("ECP II") converted in the aggregate 1,928,000 shares of the Issuer's Class B Common Stock into 1,928,000 shares of the Issuer's Class A Common Stock. Subsequently on the same date, ECP II distributed in-kind, without consideration, all 1,928,000 shares of Class A Common Stock pro-rata to its partners, including its limited partners and its general partner, Emergence Equity Partners II, L.P. ("EEP II"), in accordance with the exemptions under Rule 16a-9 and Rule 16a-13 of the Securities Exchange Act of 1934, as amended. Upon receipt by EEP II of its pro rata interest of the distribution (412,798 shares of Class A Common Stock), EEP II distributed in-kind, without consideration, all such shares pro-rata to its limited partners in accordance with the exemptions under Rule 16a-9 and Rule 16a-13 of the Securities Exchange Act of 1934, as amended.
- [F2]These shares are held directly by ECP II. The sole general partner of ECP II is EEP II, and the sole general partner of EEP II is Emergence GP Partners, LLC ("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.
- [F3]Represents 5,544 restricted stock units granted on July 26, 2023 pursuant to the Issuer's non-employee director compensation policy, which vest in full on the earlier of the first anniversary of the grant date and the Issuer's next annual meeting of stockholders, subject to the Reporting Person's continued service as a director through the applicable vesting date. The Reporting Person, a member of EEP II, is contractually obligated to transfer and/or remit the proceeds of any sale of shares issued upon vesting of restricted stock units to EEP II. As such, the Reporting Person disclaims Section 16 beneficial ownership of such shares, 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.
- [F4]Includes 30,959 shares received pursuant to the distribution-in-kind, as described in footnote (1) and also includes shares received in prior distributions-in-kind, and are held by The Spain-Goralnik Family Trust 12/7/12. The Reporting Person disclaims Section 16 beneficial ownership of such shares, 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.
- [F5]These shares are held directly by Emergence Capital Opportunity I, L.P. ("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 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.
- [F6]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, and has no expiration. Each share of Class B Common Stock 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 holder; 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.
Documents
Issuer
Doximity, Inc.
CIK 0001516513
Entity typeother
Related Parties
1- filerCIK 0001586891
Filing Metadata
- Form type
- 4
- Filed
- May 22, 8:00 PM ET
- Accepted
- May 23, 4:15 PM ET
- Size
- 15.1 KB