Jennifer Tejada - 28 Jan 2025 Form 4 Insider Report for PagerDuty, Inc. (PD)

Signature
/s/ Irving Gomez, as Attorney-in-Fact for Jennifer Tejada
Issuer symbol
PD
Transactions as of
28 Jan 2025
Net transactions value
-$30,180
Form type
4
Filing time
30 Jan 2025, 17:27:41 UTC
Previous filing
06 Jan 2025
Next filing
18 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PD Common Stock Options Exercise $1,200 +600 +0.07% $2.00 869,880 28 Jan 2025 Direct F1, F2
transaction PD Common Stock Sale $31,380 -1,569 -0.18% $20.00 868,311 28 Jan 2025 Direct F1, F2
holding PD Common Stock 25,000 28 Jan 2025 By Jennifer Tejada, as Trustee of the Tejada 2024 Grantor Retained Annuity Trust - III
holding PD Common Stock 22,610 28 Jan 2025 By Jennifer Tejada, as Trustee of the Tejada 2023 Grantor Retained Annuity Trust - I
holding PD Common Stock 13,426 28 Jan 2025 By Jennifer Tejada, as Trustee of the Tejada 2024 Grantor Retained Annuity Trust - II
holding PD Common Stock 25,000 28 Jan 2025 By Jennifer Tejada, as Trustee of the Tejada 2024 Grantor Retained Annuity Trust - IV
holding PD Common Stock 22,610 28 Jan 2025 By Jennifer Tejada, as Trustee of the Tejada 2023 Grantor Retained Annuity Trust - II
holding PD Common Stock 144,500 28 Jan 2025 By Jennifer Tejada, as Trustee of the Langford Island Trust
holding PD Common Stock 13,426 28 Jan 2025 By Jennifer Tejada, as Trustee of the Tejada 2024 Grantor Retained Annuity Trust - I

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 -600 -0.07% $0.000000 862,448 28 Jan 2025 Common Stock 600 $2.00 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 This transaction was effected pursuant to a 10b5-1 trading plan adopted by the reporting person on April 9, 2024.
F2 A portion of these shares represent restricted stock units.
F3 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.