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Filing Details

Accession Number:: 0001516513-25-000022
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2025-02-13 16:05:34
Reporting Period:: 2025-02-11

Filing Date:: 2025-02-13
Accepted Time:: 2025-02-13 16:05:34
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1516513	Doximity Inc.	DOCS	Services-Computer Programming Services (7371)	272485512

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1863328	Jeffrey Tangney	Doximity, Inc. 500 Third Street San Francisco CA 94107	Chief Executive Officer	Yes	Yes	Yes	No
1867907	Tangney Annuity Trust, Llc	C/O Doximity, Inc. 500 Third Street San Francisco CA 94107		No	No	Yes	No
1868242	Trust Family Schweikert Tangney	C/O Doximity, Inc. 500 Third Street San Francisco CA 94107		No	No	Yes	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Class A Common Stock	Acquisiton	2025-02-11	178,334	$0.00	3,058,831	No	4	C	Direct
Class A Common Stock	Disposition	2025-02-11	159,108	$75.83	2,899,723	No	4	S	Direct
Class A Common Stock	Disposition	2025-02-11	19,226	$76.21	2,880,497	No	4	S	Direct
Class A Common Stock	Disposition	2025-02-11	10,760	$75.75	239,240	No	4	S	Indirect	By Tangney Schweikert Family Trust
Class A Common Stock	Disposition	2025-02-11	18,158	$76.90	221,082	No	4	S	Indirect	By Tangney Schweikert Family Trust
Class A Common Stock	Disposition	2025-02-11	20,482	$78.05	200,600	No	4	S	Indirect	By Tangney Schweikert Family Trust
Class A Common Stock	Disposition	2025-02-11	600	$78.86	200,000	No	4	S	Indirect	By Tangney Schweikert Family Trust
Class A Common Stock	Disposition	2025-02-12	200,000	$0.00	0	No	4	G	Indirect	By Tangney Schweikert Family Trust
Class A Common Stock	Disposition	2025-02-12	260,624	$74.86	2,619,873	No	4	S	Direct
Class A Common Stock	Disposition	2025-02-12	27,433	$75.33	2,592,440	No	4	S	Direct
Class A Common Stock	Disposition	2025-02-12	474,448	$75.33	2,117,992	No	4	S	Direct
Class A Common Stock	Disposition	2025-02-12	13,052	$75.83	2,104,940	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	C	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Indirect	By Tangney Schweikert Family Trust
No	4	S	Indirect	By Tangney Schweikert Family Trust
No	4	S	Indirect	By Tangney Schweikert Family Trust
No	4	S	Indirect	By Tangney Schweikert Family Trust
No	4	G	Indirect	By Tangney Schweikert Family Trust
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Class B Common Stock	Stock Option (Right to Buy)	Disposition	2025-02-11	100,000	$0.00	100,000	$0.60
Class B Common Stock	Stock Option (Right to Buy)	Disposition	2025-02-11	8,334	$0.00	8,334	$0.60
Class B Common Stock	Stock Option (Right to Buy)	Disposition	2025-02-11	70,000	$0.00	70,000	$0.97
Class A Common Stock	Class B Common Stock	Acquisiton	2025-02-11	178,334	$0.00	178,334	$0.00
Class A Common Stock	Class B Common Stock	Disposition	2025-02-11	178,334	$0.00	178,334	$0.00

Remaning Holdings	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0	2026-06-20	No	4	M	Direct
0	2026-06-20	No	4	M	Direct
776,000	2028-03-28	No	4	M	Direct
4,100,000		No	4	M	Direct
3,921,666		No	4	C	Direct

Reported Derivative Holdings

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Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Class A Common Stock	Class B Common Stock	$0.00			23,953,330	23,953,330	Indirect
Class A Common Stock	Class B Common Stock	$0.00			20,000,000	20,000,000	Indirect

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
	23,953,330	23,953,330	Indirect
	20,000,000	20,000,000	Indirect

Footnotes

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.
These shares are owned directly by Jeffrey Tangney.
The price represents the weighted-average price of the shares sold in multiple transactions ranging from $75.1300 to $76.1200 per share, inclusive. The Reporting Person undertakes to provide the Issuer, a security holder of the Issuer, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
The price represents the weighted-average price of the shares sold in multiple transactions ranging from $76.1300 to $76.4100 per share, inclusive. The Reporting Person undertakes to provide the Issuer, a security holder of the Issuer, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
The price represents the weighted-average price of the shares sold in multiple transactions ranging from $75.4300 to $76.2500 per share, inclusive. The Reporting Person undertakes to provide the Issuer, a security holder of the Issuer, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
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.
The price represents the weighted-average price of the shares sold in multiple transactions ranging from $76.4700 to $77.3600 per share, inclusive. The Reporting Person undertakes to provide the Issuer, a security holder of the Issuer, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
The price represents the weighted-average price of the shares sold in multiple transactions ranging from $77.6800 to $78.6000 per share, inclusive. The Reporting Person undertakes to provide the Issuer, a security holder of the Issuer, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
The price represents the weighted-average price of the shares sold in multiple transactions ranging from $78.7500 to $78.9650 per share, inclusive. The Reporting Person undertakes to provide the Issuer, a security holder of the Issuer, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Represents a bona fide gift of shares of Class A Common Stock to a charitable donor advised fund.
The price represents the weighted-average price of the shares sold in multiple transactions ranging from $74.1300 to $75.1200 per share, inclusive. The Reporting Person undertakes to provide the Issuer, a security holder of the Issuer, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
The price represents the weighted-average price of the shares sold in multiple transactions ranging from $75.1300 to $75.6300 per share, inclusive. The Reporting Person undertakes to provide the Issuer, a security holder of the Issuer, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
The price represents the weighted-average price of the shares sold in multiple transactions ranging from $74.8000 to $75.7900 per share, inclusive. The Reporting Person undertakes to provide the Issuer, a security holder of the Issuer, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
The price represents the weighted-average price of the shares sold in multiple transactions ranging from $75.8000 to $75.8700 per share, inclusive. The Reporting Person undertakes to provide the Issuer, a security holder of the Issuer, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
The stock option vested subject to a time-based and performance-based vesting schedule. The stock option vested in 12 equal monthly installments following the date that the Board determined Mr. Tangney met certain goals related to revenue, corporate governance, IPO readiness and member engagement; the Board determined such date to be March 31, 2021, subject to Mr. Tangney's continuous service relationship with the Issuer through each applicable vesting date. The stock option was granted on June 21, 2016.
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.
The stock option vested subject to a time-based and performance-based vesting schedule. The stock option vested in 12 equal monthly installments after March 27, 2020 and became exercisable upon the date that the Issuer's Board of Directors (the "Board") determined that the company-wide performance goals established for calendar year 2019 were achieved. The stock option was granted on June 21, 2016.
The stock option vested in 48 equal monthly installments after March 11, 2018, subject to Mr. Tangney's continuous service relationship with the Issuer through each applicable vesting date. The stock option was granted on March 29, 2018.
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.