Stacey Giamalis - Jun 28, 2021 Form 4 Insider Report for PagerDuty, Inc. (PD)

Role: Senior VP, Legal and GC
Signature: Stacey Giamalis
Stock symbol: PD
Transactions as of: Jun 28, 2021
Transactions value $: $72,726
Form type: 4
Date filed: 6/30/2021, 06:48 PM
Next filing: Jul 7, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PD	Common Stock	Options Exercise	$72.7K	+12.4K	+14.16%	$5.87	100K	Jun 28, 2021	Direct	F1, F2, F3

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	$0	-12.4K	-4.8%	$0.00	246K	Jun 28, 2021	Common Stock	12.4K	$5.87	Direct	F4

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

Explanation of Responses:

Id	Content
F1	The Reporting Person exercised the options to purchase common stock. The shares issued upon exercise have not been sold.
F2	A portion of these shares represent restricted stock units.
F3	Includes 1,082 shares that were acquired under the Issuer's Employee Stock Purchase Plan on June 15, 2021.
F4	The incentive stock options vested and became exercisable as to 20% of the shares subject to the options on 4/9/2018 and an additional 17,050 shares subject to the incentive stock options first become exercisable January 1 in each of 2019, 2020, 2021 and 2022; and (b) the non-qualified stock options 203,084 shares first became exercisable on 4/9/2018, subject to our right to repurchase unvested shares in the event the reporting person's employment terminates. 12/48th of the total shares vests on the 12-month anniversary of 4/9/2018 and 1/48th of the part (b) shares vests monthly thereafter for a total vesting period of 48 months.