Stacey Giamalis - Mar 23, 2022 Form 4 Insider Report for PagerDuty, Inc. (PD)

Role
Senior VP, Legal and GC
Signature
Stacey Giamalis
Stock symbol
PD
Transactions as of
Mar 23, 2022
Transactions value $
-$118,887
Form type
4
Date filed
3/25/2022, 05:04 PM
Previous filing
Feb 14, 2022
Next filing
Apr 5, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PD Common Stock Options Exercise $23.5K +4K +3.2% $5.87 129K Mar 23, 2022 Direct F1
transaction PD Common Stock Sale -$142K -4K -3.1% $35.59 125K Mar 23, 2022 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 -4K -1.88% $0.00 209K Mar 23, 2022 Common Stock 4K $5.87 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 $35.18 to $35.91 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 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.