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PagerDuty, Inc. — Director's Dealing 2019
Apr 11, 2019
31891_dirs_2019-04-10_6386d243-af41-4777-886b-7ae3581116c6.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: PagerDuty, Inc. (PD)
CIK: 0001568100
Period of Report: 2019-04-10
Reporting Person: Chung Steven (Senior VP, Sales & Services)
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Option (Right to Buy) | $2.0 | 2026-12-20 | Common Stock (729081.0) | Direct | |
| Stock Option (Right to Buy) | $11.61 | 2028-09-26 | Common Stock (21000.0) | Direct | |
| Stock Option (Right to Buy) | $14.52 | 2029-03-07 | Common Stock (230000.0) | Direct |
Footnotes
F1: The option becomes exercisable as follows: (a) 50,000 of 250,000 shares become exercisable on the 12/21/2016 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) 527,686 shares first become 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 part (b) shares vests on the 12-month anniversary of 12/20/2016 and 1/48th of the part (b) shares vests monthly thereafter for a total vesting period of 48 months.
F2: 25% of the shares subject to the option shall vest on 10/1/2019; 1/48th per month thereafter.
F3: The option becomes exercisable as follows: (a) for 115,000 shares of 230,000 shares, 25% of the shares subject to option (a) shall vest on 3/8/2020 and 1/48th per month thereafter and (b) for 115,000 shares of 230,000 shares, 25% of the shares subject to option (b) shall vest on 3/8/2021 and 1/48th per month thereafter.