Jennifer Tejada - 17 Mar 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
Issuer symbol
PD
Transactions as of
17 Mar 2022
Net transactions value
+$99,993
Form type
4
Filing time
21 Mar 2022, 21:24:01 UTC
Previous filing
16 Mar 2022
Next filing
05 Apr 2022
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 $99,993 +13,458 +2.5% $7.43 553,592 17 Mar 2022 Direct F1, F2
holding PD Common Stock 88,964 17 Mar 2022 By Jennifer Gail Tejada, as Trustee of the Tejada 2020 Grantor Retained Annuity Trust - I
holding PD Common Stock 88,964 17 Mar 2022 By Jennifer Gail Tejada, as Trustee of the Tejada 2020 Grantor Retained Annuity Trust - II
holding PD Common Stock 72,072 17 Mar 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 -13,458 -1.9% $0.000000 713,084 17 Mar 2022 Common Stock 13,458 $7.43 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 becomes exercisable as follows: (a) 713,084 of 740,000 shares will vest monthly starting July 10, 2019 for 36 months; (b) additionally 26,916 shares subject to the incentive stock option will have 13,458 shares vest on January 10 in each of 2021 and 2022, subject to our right to repurchase unvested shares in the event the reporting person's employment terminates.