Jennifer Tejada - 29 Dec 2022 Form 4 Insider Report for PagerDuty, Inc. (PD)

Role
Chief Executive Officer, Director
Signature
/s /Irving Gomez, Attorney-in-Fact for Jennifer Tejada
Issuer symbol
PD
Transactions as of
29 Dec 2022
Net transactions value
-$390,750
Form type
4
Filing time
03 Jan 2023, 18:06:32 UTC
Previous filing
16 Dec 2022
Next filing
04 Jan 2023
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 $30,000 +15,000 +2.3% $2.00* 667,329 29 Dec 2022 Direct F1
transaction PD Common Stock Sale $420,750 -15,000 -2.2% $28.05 652,329 29 Dec 2022 Direct F1, F2, F3
holding PD Common Stock 144,500 29 Dec 2022 By Jennifer Tejada, as Trustee of the Langford Island Trust
holding PD Common Stock 36,036 29 Dec 2022 By Jennifer Tejada, as Trustee of the Tejada 2022 Grantor Retained Annuity Trust - I
holding PD Common Stock 36,036 29 Dec 2022 By Jennifer Tejada, as Trustee of the Tejada 2022 Grantor Retained Annuity Trust - II

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 -15,000 -0.91% $0.000000 1,626,608 29 Dec 2022 Common Stock 15,000 $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 price of $28.05 reflects the average trading price of the Issuer's stock on the NYSE on July 21, 2022, as this transaction reflects a trade that was inadvertently not executed on July 21, 2022 pursuant to the Reporting Person's 10b5-1 trading plan.
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.