Andre Durand - Mar 25, 2022 Form 4 Insider Report for Ping Identity Holding Corp. (PING)

Role: CEO, Director, Director
Signature: /s/ Raj Dani, by power of attorney
Stock symbol: PING
Transactions as of: Mar 25, 2022
Transactions value $: -$1,818,690
Form type: 4
Date filed: 3/29/2022, 06:17 PM
Previous filing: Nov 23, 2021
Next filing: Apr 4, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PING	Common stock, $0.001 par value	Options Exercise	$785K	+100K	+24.18%	$7.85	513K	Mar 25, 2022	Direct
transaction	PING	Common stock, $0.001 par value	Sale	-$2.6M	-100K	-19.47%	$26.04	413K	Mar 25, 2022	Direct	F1, 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	PING	Options (Right to Buy)	Options Exercise	$0	-100K	-12.4%	$0.00	707K	Mar 25, 2022	Common stock, $0.001 par value	100K	$7.85	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 20, 2021.
F2	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.51 to $26.425, 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 ranges set forth in footnote 2 to this Form 4.
F3	These options were granted on June 30, 2016 and vest ratably on an annual basis over the following four-year period.