Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | PING | Options (Right to Buy) | Award | $0 | +159K | $0.00 | 159K | Mar 31, 2022 | Common Stock, $0.001 par value | 159K | $13.44 | Direct | F1 |
Id | Content |
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F1 | On December 28, 2018, the reporting person was granted an option to purchase 159,008 shares of common stock. The options were initially to vest and become exercisable following the receipt by affiliates of Vista Equity Partners, LLC ("Vista") of a specified level of realized cash return on their investment. In January 2022, the compensation committee of the board of directors of Ping Identity Holding Corp. ("Issuer") determined that Vista had nearly realized the specified level of returns and decided to accelerate all options granted to named executive officers prior to the Issuer's initial public offering. All options under this grant vested as of March 31, 2022. |