Jennifer Tejada - Mar 9, 2022 Form 4 Insider Report for PagerDuty, Inc. (PD)

Role
Chief Executive Officer, Director
Signature
Jennifer G. Tejada, by /s/ Stacey A. Giamalis, Attorney-in-Fact
Stock symbol
PD
Transactions as of
Mar 9, 2022
Transactions value $
-$1,927,505
Form type
4
Date filed
3/11/2022, 03:57 PM
Previous filing
Feb 11, 2022
Next filing
Mar 16, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PD Common Stock Options Exercise $136K +68.2K +12.62% $2.00* 608K Mar 9, 2022 Direct F1
transaction PD Common Stock Sale -$2.06M -68.2K -11.21% $30.27 540K Mar 9, 2022 Direct F1, F2, F3
holding PD Common Stock 89K Mar 9, 2022 By Jennifer Gail Tejada, as Trustee of the Tejada 2020 Grantor Retained Annuity Trust - I
holding PD Common Stock 89K Mar 9, 2022 By Jennifer Gail Tejada, as Trustee of the Tejada 2020 Grantor Retained Annuity Trust - II
holding PD Common Stock 72.1K Mar 9, 2022 By Jennifer Tejada, as Trustee of the Langford Island Trust

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 -68.2K -3.78% $0.00 1.73M Mar 9, 2022 Common Stock 68.2K $2.00 Direct F4
* 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 $30.00 to $30.68 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 option becomes exercisable as follows: (a) 50,000 of 250,000 shares become exercisable on the 7/22/2016 and an additional 50,000 shares subject to the incentive stock option first become exercisable on January 1 in each of 2017, 2018, 2019, and 2020; and (b) 3,638,426 shares first become exercisable on 7/22/2016, subject to our right to repurchase unvested shares in the event the reporting person's employment terminates. 12/48th of the part (b) shares vests on the 12-month anniversary of 7/18/2016 and 1/48th of the part (b) shares vests monthly thereafter for a total vesting period of 48 months.