Howard Wilson - Nov 30, 2021 Form 4 Insider Report for PagerDuty, Inc. (PD)

Role
Chief Financial Officer
Signature
Howard Wilson, by /s/ Stacey A. Giamalis, Attorney-in-Fact
Stock symbol
PD
Transactions as of
Nov 30, 2021
Transactions value $
$76,000
Form type
4
Date filed
12/2/2021, 04:12 PM
Previous filing
Oct 5, 2021
Next filing
Jan 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PD Common Stock Options Exercise $76K +38K +12.54% $2.00* 341K Nov 30, 2021 Direct F1, F2
holding PD Common Stock 50 Nov 30, 2021 by spouse

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 -38K -13.37% $0.00 246K Nov 30, 2021 Common Stock 38K $2.00 Direct F3
* 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 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.