Beth C. Seidenberg - 19 Jul 2021 Form 4 Insider Report for Progyny, Inc. (PGNY)

Role
Director
Signature
/s/ Jennifer Bealer, Attorney-in-Fact
Issuer symbol
PGNY
Transactions as of
19 Jul 2021
Net transactions value
$0
Form type
4
Filing time
21 Jul 2021, 18:06:01 UTC
Previous filing
23 Jun 2021
Next filing
26 Oct 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PGNY Common Stock Other $0 -29,494 -100% $0.000000* 0 19 Jul 2021 By XIII Associates F1
transaction PGNY Common Stock Other $0 +20,994 +112% $0.000000 39,802 19 Jul 2021 Direct F2
holding PGNY Common Stock 7,406,115 19 Jul 2021 See footnote F3
holding PGNY Common Stock 172,105 19 Jul 2021 See footnote F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a pro-rata in-kind distribution of Common Stock of the Issuer by KPCB XIII Associates, LLC ("XIII Associates") without consideration to its members (the "Fund Distribution").
F2 Represents a change in the form of ownership as a result of the receipt by the Reporting Person of shares in the Fund Distribution.
F3 The shares are directly held by Kleiner Perkins Caufield & Byers XIII, LLC ("KPCB XIII"). All shares are held for convenience in the name of "KPCB Holdings, Inc., as nominee." The managing member of KPCB XIII is 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. The Reporting Person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
F4 The shares held by Paul S. Vogel and Beth C. Seidenberg, Trustees of The Seidenberg/Vogel Revocable Trust u/a/d 03/06/03 amended and restated on 06/16/20 (the "Trust"). The Reporting Person is a trustee of the Trust.