Beth C. Seidenberg - Sep 16, 2021 Form 4 Insider Report for Progyny, Inc. (PGNY)

Role
Director
Signature
/s/ Jennifer Bealer, Attorney-in-Fact
Stock symbol
PGNY
Transactions as of
Sep 16, 2021
Transactions value $
$0
Form type
4
Date filed
10/26/2021, 05:32 PM
Previous filing
Jul 21, 2021
Next filing
Nov 18, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PGNY Common Stock Gift $0 -32.8K -82.41% $0.00 7K Sep 16, 2021 Direct
transaction PGNY Common Stock Award $0 +3.09K +44.2% $0.00 10.1K Oct 24, 2021 Direct F1
holding PGNY Common Stock 205K Sep 16, 2021 See footnote F2, F3
holding PGNY Common Stock 7.41M Sep 16, 2021 See footnote F4

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 Stock Option (right to buy) Award $0 +17K $0.00 17K Oct 24, 2021 Common Stock 17K $63.21 Direct F5
transaction PGNY Stock Option (right to buy) Award $0 +2.81K $0.00 2.81K Oct 24, 2021 Common Stock 2.81K $63.21 Direct F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the number of shares of Issuer common stock underlying restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Issuer common stock. The RSUs shall vest on October 24, 2022, subject to the Reporting Person continuing to provide service through such date.
F2 On September 16, 2021, the reporting person transferred 32,802 shares of the Issuer's common stock to the Trust.
F3 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.
F4 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.
F5 The shares subject to the Option shall vest on October 24, 2022, subject to the Reporting Person continuing to provide service through such date.
F6 This option was issued to the Reporting Person in lieu of annual retainers for board and committee chair service. The shares underlying the option reflect the payment in full of the Reporting Person's annual retainers of $65,000.