Howard Wilson - Feb 27, 2023 Form 4 Insider Report for PagerDuty, Inc. (PD)

Role
Chief Financial Officer
Signature
/s /Irving Gomez, Attorney-in-Fact for Howard Wilson
Stock symbol
PD
Transactions as of
Feb 27, 2023
Transactions value $
-$435,200
Form type
4
Date filed
3/1/2023, 04:00 PM
Previous filing
Jan 31, 2023
Next filing
Apr 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PD Common Stock Options Exercise $149K +20K +4.32% $7.43 483K Feb 27, 2023 Direct F1
transaction PD Common Stock Sale -$584K -20K -4.14% $29.19 463K Feb 27, 2023 Direct F1, F2, F3
holding PD Common Stock 50 Feb 27, 2023 by spouse

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 -20K -9.9% $0.00 182K Feb 27, 2023 Common Stock 20K $7.43 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 $28.72 to $29.44 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) 13,458 shares of 26,916 shares subject to the incentive stock option first become exercisable on January 1 in each of 2021 and 2022; and (b) 713,084 shares first become exercisable on 7/10/2018, 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 7/10/2018 and 1/48th of the part (b) shares vests monthly thereafter for a total vesting period of 48 months.