Peter Anevski - Nov 20, 2023 Form 4 Insider Report for Progyny, Inc. (PGNY)

Role: CHIEF EXECUTIVE OFFICER, Director
Signature: /s/ Mark Livingston, Attorney-in-Fact
Stock symbol: PGNY
Transactions as of: Nov 20, 2023
Transactions value $: -$2,054,779
Form type: 4
Date filed: 11/22/2023, 02:50 PM
Previous filing: Oct 4, 2023
Next filing: Jan 4, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PGNY	Common Stock	Award	$0	+125K	+62.51%	$0.00	325K	Nov 20, 2023	Direct	F1
transaction	PGNY	Common Stock	Tax liability	-$2.05M	-63.8K	-19.64%	$32.20	261K	Nov 20, 2023	Direct	F2

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

Explanation of Responses:

Id	Content
F1	Performance-vested restricted stock units ("PSUs") that were earned pursuant to the terms of a PSU award granted on January 1, 2022 ("Award"). Each PSU became vested on October 31, 2023 the date the Compensation Committee certified the achievement of the applicable performance objectives in accordance with the Award. Pursuant to terms of the Award, each PSU entitled the filer to receive one share of common stock for each PSU. The vested shares were settled on November 20, 2023, after the Issuer's trading blackout period ended and trading was permitted to commence.
F2	Shares withheld for payment of withholding taxes upon the vesting of restricted stock units granted to the Reporting Person.

Content

Performance-vested restricted stock units ("PSUs") that were earned pursuant to the terms of a PSU award granted on January 1, 2022 ("Award"). Each PSU became vested on October 31, 2023 the date the Compensation Committee certified the achievement of the applicable performance objectives in accordance with the Award. Pursuant to terms of the Award, each PSU entitled the filer to receive one share of common stock for each PSU. The vested shares were settled on November 20, 2023, after the Issuer's trading blackout period ended and trading was permitted to commence.

Shares withheld for payment of withholding taxes upon the vesting of restricted stock units granted to the Reporting Person.