PagerDuty, Inc. — Director's Dealing 2019

Nov 22, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PagerDuty, Inc. (PD)
CIK: 0001568100
Period of Report: 2019-11-20

Reporting Person: Chung Steven (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-11-20	Common Stock	M	50000.00	$2.00	Acquired	50000.00	Direct
2019-11-20	Common Stock	S	50000.00	$26.1122	Disposed	0.00	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-11-20	Stock Option (Right to Buy)	$2.00	M	50000.00	Disposed	2026-12-20	Common Stock (50000.00)	Direct

Footnotes

F1: The sales reported were effected pursuant to a 10b5-1 trading plan adopted by the reporting person.

F2: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $26.00 to $26.20 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.

F3: The incentive stock options vested and became exercisable as to 20% of the shares subject to the options on 12/21/2016 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) the non-qualified stock options first became exercisable on 12/20/2016, subject to our right to repurchase unvested shares in the event the reporting person's employment terminates. 12/48th of the total shares vested on the 12-month anniversary of 12/20/2016 and 1/48th of the total shares vested monthly thereafter for a total vesting period of 48 months.