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

Signature
/s /Irving Gomez, Attorney-in-Fact for Jennifer Tejada
Stock symbol
PD
Transactions as of
Dec 29, 2022
Transactions value $
-$390,750
Form type
4
Date filed
1/3/2023, 06:06 PM
Previous filing
Dec 16, 2022
Next filing
Jan 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PD Common Stock Options Exercise $30K +15K +2.3% $2.00* 667K Dec 29, 2022 Direct F1
transaction PD Common Stock Sale -$421K -15K -2.25% $28.05 652K Dec 29, 2022 Direct F1, F2, F3
holding PD Common Stock 145K Dec 29, 2022 By Jennifer Tejada, as Trustee of the Langford Island Trust
holding PD Common Stock 36K Dec 29, 2022 By Jennifer Tejada, as Trustee of the Tejada 2022 Grantor Retained Annuity Trust - I
holding PD Common Stock 36K Dec 29, 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 -15K -0.91% $0.00 1.63M Dec 29, 2022 Common Stock 15K $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.