Howard Wilson - Jun 22, 2021 Form 4 Insider Report for PagerDuty, Inc. (PD)

Signature
Howard Wilson, by /s/ Stacey A. Giamalis, Attorney-in-Fact
Stock symbol
PD
Transactions as of
Jun 22, 2021
Transactions value $
-$1,020,349
Form type
4
Date filed
6/24/2021, 04:10 PM
Next filing
Jul 7, 2021

Transactions Table

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 PD Stock Option (Right to Buy) Options Exercise -$16.3K -8.17K -2.6% $2.00* 306K Jun 22, 2021 Common Stock 8.17K $2.00 Direct F3
transaction PD Stock Option (Right to Buy) Options Exercise -$13.7K -6.83K -2.23% $2.00* 299K Jun 23, 2021 Common Stock 6.83K $2.00 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 A portion of these shares represent restricted stock units.
F2 The sales reported were effected pursuant to a 10b5-1 trading plan adopted by the reporting person.
F3 The option became exercisable as follows: (a) 50,000 of 250,000 shares become exercisable on the 12/30/2016 and an additional 50,000 shares subject to the incentive stock option first became exercisable on January 1 in each of 2017, 2018, 2019, and 2020; and (b) 372,148 shares first became exercisable on 12/30/2016, subject to our right to repurchase unvested shares in the event the reporting person's employment terminates. 12/48th of the shares vested on the 12-month anniversary of 12/23/2016 and 1/48th of the shares vests monthly thereafter for a total vesting period of 48 months.