Stacey Giamalis - Oct 20, 2021 Form 4 Insider Report for PagerDuty, Inc. (PD)

Signature
Stacey Giamalis
Stock symbol
PD
Transactions as of
Oct 20, 2021
Transactions value $
-$144,342
Form type
4
Date filed
10/22/2021, 04:30 PM
Previous filing
Oct 5, 2021
Next filing
Nov 18, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PD Common Stock Options Exercise $23.5K +4K +3.61% $5.87 115K Oct 20, 2021 Direct F1
transaction PD Common Stock Sale -$159K -3.8K -3.31% $41.92 111K Oct 20, 2021 Direct F1, F2, F3
transaction PD Common Stock Sale -$8.51K -200 -0.18% $42.53 111K Oct 20, 2021 Direct F1, F2, F4

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 -4K -1.67% $0.00 236K Oct 20, 2021 Common Stock 4K $5.87 Direct F5
* 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 reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $41.33 to $42.24 per share, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F4 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $42.38 to $42.67 per share, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F5 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.