Peter Anevski - Oct 17, 2022 Form 4 Insider Report for Progyny, Inc. (PGNY)

Role: CHIEF EXECUTIVE OFFICER, Director
Signature: /s/ Mark Livingston, Attorney-in-Fact
Stock symbol: PGNY
Transactions as of: Oct 17, 2022
Transactions value $: -$838,784
Form type: 4
Date filed: 10/19/2022, 04:20 PM
Previous filing: Oct 17, 2022
Next filing: Oct 24, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PGNY	Common Stock	Options Exercise	$1.58K	+400	+0.16%	$3.95^*	251K	Oct 17, 2022	Direct
transaction	PGNY	Common Stock	Sale	-$15.7K	-400	-0.16%	$39.33	250K	Oct 17, 2022	Direct	F1
transaction	PGNY	Common Stock	Sale	-$3.93K	-100	-0.05%	$39.33	191K	Oct 17, 2022	See footnote	F1, F2
transaction	PGNY	Common Stock	Options Exercise	$71.1K	+18K	+7.19%	$3.95^*	268K	Oct 18, 2022	Direct
transaction	PGNY	Common Stock	Sale	-$691K	-17.4K	-6.5%	$39.61	251K	Oct 18, 2022	Direct	F1, F3
transaction	PGNY	Common Stock	Sale	-$22.6K	-560	-0.22%	$40.43	250K	Oct 18, 2022	Direct	F1, F4
transaction	PGNY	Common Stock	Sale	-$173K	-4.36K	-2.29%	$39.61	186K	Oct 18, 2022	See footnote	F1, F2, F3
transaction	PGNY	Common Stock	Sale	-$5.66K	-140	-0.08%	$40.43	186K	Oct 18, 2022	See footnote	F1, F2, F4

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	PGNY	Option (Right to Buy)	Options Exercise	$0	-400	-0.03%	$0.00	1.49M	Oct 17, 2022	Common Stock	400	$3.95	Direct	F5
transaction	PGNY	Option (Right to Buy)	Options Exercise	$0	-18K	-1.21%	$0.00	1.47M	Oct 18, 2022	Common Stock	18K	$3.95	Direct	F5
transaction	PGNY	Option (Right to Buy)	Award	$0	+800K		$0.00	800K	Oct 18, 2022	Common Stock	800K	$39.39	Direct	F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Shares sold pursuant to a Rule 10b5-1 trading plan entered into on July 5, 2022.
F2	The reportable securities are held directly by the PECO ANEVSKI 2020 SD LLC.
F3	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $39.37 to $40.33, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or 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 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $40.40 to $40.47, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or 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.
F5	One-fourth (1/4th) of the shares subject to the Option vested on May 23, 2020, and one thirty-sixth (1/36th) of the remaining shares subject to the Option vested or shall vest each month thereafter, subject to the Reporting Person continuing to provide service through each such date.
F6	One-fourth (1/4th) of the shares subject to the option will vest October 17, 2023 and the remainder of the shares will vest in equal quarterly installments thereafter through October 17, 2026, subject to the Reporting Person continuing to provide service through each such date.