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

Role
Senior VP, Legal and GC
Signature
Stacey Giamalis
Issuer symbol
PD
Transactions as of
28 Jun 2021
Net transactions value
+$72,726
Form type
4
Filing time
30 Jun 2021, 18:48:40 UTC
Next filing
07 Jul 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PD Common Stock Options Exercise $72,726 +12,400 +14% $5.86 99,951 28 Jun 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 -12,400 -4.8% $0.000000 246,100 28 Jun 2021 Common Stock 12,400 $5.86 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.