MORGENTHALER VENTURE PARTNERS IX LP 4
4 · Doximity, Inc. · Filed Nov 12, 2021
Insider Transaction Report
Form 4
Doximity, Inc.DOCS
MORGENTHALER VENTURE PARTNERS IX LP
10% Owner
Transactions
- Other
Class A Common Stock
2021-11-12−8,535,175→ 8,535,175 total - Conversion
Class A Common Stock
2021-11-10+17,070,350→ 17,070,350 total - Conversion
Class B Common Stock
2021-11-10−17,070,350→ 0 total→ Class A Common Stock (17,070,350 underlying)
Footnotes (4)
- [F1]Conversion of a derivative security in accordance of its terms.
- [F2]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.
- [F3]Represents a pro-rata, in-kind distribution by Morgenthaler and its affiliated funds, not for additional consideration, to MMP IX and its respective members and assignees.
- [F4]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.