Mark S. Livingston - 21 Jun 2021 Form 4 Insider Report for Progyny, Inc. (PGNY)

Signature
/s/ Jennifer Bealer, Attorney-in-Fact
Issuer symbol
PGNY
Transactions as of
21 Jun 2021
Net transactions value
-$2,630,217
Form type
4
Filing time
23 Jun 2021, 18:40:01 UTC
Previous filing
11 Jun 2021
Next filing
27 Jul 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PGNY Common Stock Options Exercise $65,172 +2,814 +16% $23.16 19,935 21 Jun 2021 Direct
transaction PGNY Common Stock Options Exercise $162,938 +41,250 +207% $3.95* 61,185 21 Jun 2021 Direct
transaction PGNY Common Stock Tax liability $120,301 -1,905 -3.1% $63.15 59,280 21 Jun 2021 Direct
transaction PGNY Common Stock Tax liability $1,289,125 -20,404 -34% $63.18 38,876 21 Jun 2021 Direct
transaction PGNY Common Stock Sale $1,372,569 -22,021 -57% $62.33 16,855 21 Jun 2021 Direct F1
transaction PGNY Common Stock Sale $76,332 -1,200 -7.1% $63.61 15,655 21 Jun 2021 Direct F2

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 -2,814 -31% $0.000000 6,186 21 Jun 2021 Common Stock 2,814 $23.16 Direct F3
transaction PGNY Employee Stock Option (right to buy) Options Exercise $0 -41,250 -20% $0.000000 165,002 21 Jun 2021 Common Stock 41,250 $3.95 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $62.00 to $62.99 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 range set forth in this footnote.
F2 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 $63.65 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 range set forth in this footnote.
F3 25% of the shares subject to the Option vest on March 9, 2021, with the remaining shares vesting in equal quarterly installments thereafter through March 9, 2024, subject to the Reporting Person continuing to provide service through each such date.
F4 25% of the shares subject to the Option vested on May 29, 2020, with the remaining shares vesting in equal monthly installments thereafter through May 29, 2023, subject to the Reporting Person continuing to provide service through each such date.