DOCS CFO exercises options at $4.12 and $2.21; now holds 369,793 Class A
Rhea-AI Filing Summary
Doximity, Inc. (DOCS) reported insider activity by its Chief Financial Officer. On 11/04/2025, the officer acquired 20,200 and 2,668 shares of Class A common stock, each labeled as a code C conversion from Class B following option exercises. The option exercises were at $4.12 and $2.21 per share, respectively.
Following these transactions, the officer beneficially owned 369,793 shares of Class A common stock, held directly. Footnotes state Class B shares are convertible into Class A on a one-for-one basis at the holder’s option, with automatic conversion upon certain events. The reported stock options carry expirations on 12/21/2030 and 09/28/2030, with vesting schedules as disclosed.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 20,200 | $0.00 | -- |
| Exercise | Class B Common Stock | 20,200 | $0.00 | -- |
| Conversion | Class B Common Stock | 20,200 | $0.00 | -- |
| Exercise | Stock Option (Right to Buy) | 2,668 | $0.00 | -- |
| Exercise | Class B Common Stock | 2,668 | $0.00 | -- |
| Conversion | Class B Common Stock | 2,668 | $0.00 | -- |
| Conversion | Class A Common Stock | 20,200 | $0.00 | -- |
| Conversion | Class A Common Stock | 2,668 | $0.00 | -- |
Footnotes (1)
- 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. The stock option vests in 48 equal monthly installments after August 21, 2022, the fifth anniversary of the Reporting Person's hire date, subject to the Reporting Person's continuous service relationship with the Issuer through each applicable vesting date. The stock option was granted on December 22, 2020. 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 vests in 48 equal monthly installments after August 21, 2021, subject to the Reporting Person's continuous service relationship with the Issuer through each applicable vesting date. The stock option was granted on September 29, 2020.
FAQ
What did Doximity (DOCS) disclose in this Form 4?
What were the exercise prices for the options in the DOCS filing?
What is the CFO’s Class A beneficial ownership after the transactions?
When do the reported DOCS options expire?