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

Role
Chief Financial Officer
Signature
/s/ Jennifer Bealer, Attorney-in-Fact
Stock symbol
PGNY
Transactions as of
Jun 21, 2021
Transactions value $
-$2,630,217
Form type
4
Date filed
6/23/2021, 06:40 PM
Previous filing
Jun 11, 2021
Next filing
Jul 27, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PGNY Common Stock Options Exercise $65.2K +2.81K +16.44% $23.16 19.9K Jun 21, 2021 Direct
transaction PGNY Common Stock Options Exercise $163K +41.3K +206.92% $3.95* 61.2K Jun 21, 2021 Direct
transaction PGNY Common Stock Tax liability -$120K -1.91K -3.11% $63.15 59.3K Jun 21, 2021 Direct
transaction PGNY Common Stock Tax liability -$1.29M -20.4K -34.42% $63.18 38.9K Jun 21, 2021 Direct
transaction PGNY Common Stock Sale -$1.37M -22K -56.64% $62.33 16.9K Jun 21, 2021 Direct F1
transaction PGNY Common Stock Sale -$76.3K -1.2K -7.12% $63.61 15.7K Jun 21, 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 -2.81K -31.27% $0.00 6.19K Jun 21, 2021 Common Stock 2.81K $23.16 Direct F3
transaction PGNY Employee Stock Option (right to buy) Options Exercise $0 -41.3K -20% $0.00 165K Jun 21, 2021 Common Stock 41.3K $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.