Howard Wilson - Dec 18, 2024 Form 4 Insider Report for PagerDuty, Inc. (PD)

Signature
/s/ Shelley Webb, as Attorney-in-Fact, for Howard Wilson
Stock symbol
PD
Transactions as of
Dec 18, 2024
Transactions value $
$0
Form type
4
Date filed
12/20/2024, 07:12 PM
Previous filing
Nov 12, 2024
Next filing
Jan 6, 2025

Transactions Table

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 -$88K -44K -100% $2.00 0 Dec 18, 2024 Common Stock 44K $2.00 Direct F3
transaction PD Stock Option (Right to Buy) Options Exercise -$200K -26.9K -19.36% $7.43 112K Dec 18, 2024 Common Stock 26.9K $7.43 Direct F4
* 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 became exercisable as follows: (a) 50,000 of 250,000 shares become exercisable on the 12/30/2016 and an additional 50,000 shares subject to the incentive stock option first became exercisable on January 1 in each of 2017, 2018, 2019, and 2020; and (b) 372,148 shares first became exercisable on 12/30/2016, subject to our right to repurchase unvested shares in the event the reporting person's employment terminates. 12/48th of the shares vested on the 12-month anniversary of 12/23/2016 and 1/48th of the shares vests monthly thereafter for a total vesting period of 48 months.
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.