Kleiner Perkins Caufield & Byers XIII, Llc - Jun 21, 2021 Form 4 Insider Report for Progyny, Inc. (PGNY)

Role
10%+ Owner
Signature
/s/ Susan Biglieri, Attorney-in-Fact for Kleiner Perkins Caufield & Byers XIII, LLC
Stock symbol
PGNY
Transactions as of
Jun 21, 2021
Transactions value $
$0
Form type
4
Date filed
6/22/2021, 07:43 PM
Next filing
Feb 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PGNY Common Stock Other $0 -1.4M -15.89% $0.00 7.41M Jun 21, 2021 Direct F1, F2
transaction PGNY Common Stock Other $0 +467K $0.00 467K Jun 21, 2021 See footnote F3, F4
transaction PGNY Common Stock Other $0 -438K -93.69% $0.00 29.5K Jun 21, 2021 See footnote F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Kleiner Perkins Caufield & Byers XIII, Llc is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Represents a pro-rata in-kind distribution of Common Stock of the Issuer by Kleiner Perkins Caufield & Byers XIII, LLC ("KPCB XIII") without consideration to its members (the "Fund Distribution"). Excludes 101,100 shares of Common Stock for which a change in the form of beneficial ownership for individuals and entities associated with Kleiner Perkins Caufield & Byers occurred.
F2 The shares are directly held by KPCB XIII. All shares are held for convenience in the name of "KPCB Holdings, Inc., as nominee." The managing member of KPCB XIII is KPCB XIII Associates, LLC ("XIII Associates"). The voting and dispositive control over the shares is shared by individual managing directors of XIII Associates, none of whom has veto power. Excludes 535,248 shares of Common Stock beneficially owned by individuals and entities associated with Kleiner Perkins Caufield & Byers and held for convenience in the name of "KPCB Holdings, Inc. as nominee," for the accounts of such individuals and entities who each exercise their own voting and dispositive control over such shares.
F3 Represents a change in the form of ownership as a result of the receipt by XIII Associates of shares in the Fund Distribution.
F4 Consists of 467,415 shares of Common Stock of the Issuer held by XIII Associates.
F5 Represents a pro-rata in-kind distribution of Common Stock of the Issuer by XIII Associates without consideration to its members.
F6 Consists of 29,494 shares of Common Stock of the Issuer held by XIII Associates.