Jennifer Bealer - 05 Nov 2021 Form 4 Insider Report for Progyny, Inc. (PGNY)

Role: EVP, General Counsel
Signature: /s/ Jennifer Bealer
Issuer symbol: PGNY
Transactions as of: 05 Nov 2021
Net transactions value: -$2,115,352
Form type: 4
Filing time: 09 Nov 2021, 19:57:52 UTC
Previous filing: 27 Oct 2021
Next filing: 22 Nov 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PGNY	Common Stock	Sale	$325,936	-5,041	-7%	$64.66	66,590	05 Nov 2021	Direct	F1
transaction	PGNY	Common Stock	Sale	$110,677	-1,700	-2.6%	$65.10	64,890	05 Nov 2021	Direct	F1, F2, F3
transaction	PGNY	Common Stock	Sale	$142,959	-2,157	-3.3%	$66.28	62,733	05 Nov 2021	Direct	F1, F3, F4
transaction	PGNY	Common Stock	Sale	$65,819	-981	-1.6%	$67.09	61,752	05 Nov 2021	Direct	F1, F3, F5
transaction	PGNY	Common Stock	Sale	$14,360	-211	-0.34%	$68.06	61,541	05 Nov 2021	Direct	F1, F3, F6
transaction	PGNY	Common Stock	Award	$0	+30,000	+49%	$0.000000	91,541	08 Nov 2021	Direct	F7
transaction	PGNY	Common Stock	Sale	$223,727	-3,463	-3.8%	$64.60	88,078	08 Nov 2021	Direct	F1, F3, F8
transaction	PGNY	Common Stock	Sale	$755,024	-11,499	-13%	$65.66	76,579	08 Nov 2021	Direct	F1, F3, F9
transaction	PGNY	Common Stock	Sale	$463,416	-6,963	-9.1%	$66.55	69,616	08 Nov 2021	Direct	F1, F3, F10
transaction	PGNY	Common Stock	Sale	$13,433	-200	-0.29%	$67.16	69,416	08 Nov 2021	Direct	F1, F3, F11

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)	Award	$0	+115,000		$0.000000	115,000	08 Nov 2021	Common Stock	115,000	$66.66	Direct	F12

* 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 June 28, 2021.
F2	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $64.51 to $65.47, inclusive.
F3	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 footnotes (2), (4), (5), (6), (8), (9), (10) and (11).
F4	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $65.59 to $66.55, inclusive.
F5	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $66.60 to $67.51, inclusive.
F6	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $67.79 to $68.32, inclusive.
F7	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. One-fourth (1/4th) of the RSUs will vest on November 8, 2022 and the remainder of the shares will vest in equal quarterly installments thereafter through November 8, 2025, subject to the Reporting Person continuing to provide service through each such date.
F8	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $64.11 to $65.04, inclusive.
F9	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $65.13 to $66.12, inclusive.
F10	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $66.15 to $67.12, inclusive.
F11	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $67.16 to $67.17, inclusive.
F12	One-fourth (1/4th) of the shares subject to the option will vest November 8, 2022 and the remainder of the shares will vest in equal quarterly installments thereafter through November 8, 2025, subject to the Reporting Person continuing to provide service through each such date.