David J. Schlanger - Jun 1, 2021 Form 4 Insider Report for Progyny, Inc. (PGNY)

Signature
/s/ Jennifer Bealer, Attorney-in-Fact
Stock symbol
PGNY
Transactions as of
Jun 1, 2021
Transactions value $
-$6,292,819
Form type
4
Date filed
6/3/2021, 09:23 PM
Previous filing
May 7, 2021
Next filing
Jun 7, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PGNY Common Stock Options Exercise $45.5K +50K $0.91* 50K Jun 1, 2021 Direct
transaction PGNY Common Stock Sale -$1.69M -26.5K -53.01% $63.75 23.5K Jun 1, 2021 Direct F1, F2
transaction PGNY Common Stock Sale -$1.51M -23.5K -100% $64.24 0 Jun 1, 2021 Direct F1, F3
transaction PGNY Common Stock Options Exercise $45.5K +50K $0.91* 50K Jun 2, 2021 Direct
transaction PGNY Common Stock Sale -$954K -15.2K -30.4% $62.77 34.8K Jun 2, 2021 Direct F1, F4
transaction PGNY Common Stock Sale -$1.32M -20.7K -59.62% $63.56 14.1K Jun 2, 2021 Direct F1, F5
transaction PGNY Common Stock Sale -$521K -8.05K -57.3% $64.66 6K Jun 2, 2021 Direct F1, F6
transaction PGNY Common Stock Sale -$392K -6K -100% $65.26 0 Jun 2, 2021 Direct F1, F7
holding PGNY Common Stock 220K Jun 1, 2021 See footnote F8

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PGNY Employee Stock Option (right to buy) Options Exercise $0 -50K -1.6% $0.00 3.08M Jun 1, 2021 Common Stock 50K $0.91 Direct F9
transaction PGNY Employee Stock Option (right to buy) Options Exercise $0 -50K -1.62% $0.00 3.03M Jun 2, 2021 Common Stock 50K $0.91 Direct F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares sold pursuant to a Rule 10b5-1 trading plan entered into on December 10, 2020.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $63.09 to $63.9975 inclusive. The Reporting Person undertakes to provide to the Issuer, any 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 ranges set forth in footnotes (2), (3) (4), (5), (6) and (7).
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $64.00 to $64.76 inclusive.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $62.34 to $62.99 inclusive.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $63.00 to $63.99 inclusive.
F6 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $64.00 to $64.9950 inclusive.
F7 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $65.00 to $65.65 inclusive.
F8 The reportable securities are held directly by DS2019 LLC (the "DS LLC"), which is owned by David Schlanger 2019 Grantor Retained Annuity Trust (the "DS GRAT"). The Reporting Person is the managing member of the DS LLC, and the Reporting Person's spouse is the trustee of the DS GRAT.
F9 One-fourth (1/4th) of the shares subject to the option vested on January 16, 2018, and the one thirty-sixth (1/36th) of the remaining shares subject to the option vested or shall vest on each month thereafter, subject to the Reporting Person continuing to provide service through such date.