Progyny, Inc. — Director's Dealing 2021

Dec 3, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Progyny, Inc. (PGNY)
CIK: 0001551306
Period of Report: 2021-12-01

Reporting Person: Payson Norman (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-12-01	Common Stock	M	225000	$1.45	Acquired	233652	Direct
2021-12-01	Common Stock	S	2097	$48.24	Disposed	570229	Indirect
2021-12-01	Common Stock	S	2233	$49.42	Disposed	567996	Indirect
2021-12-01	Common Stock	S	1200	$50.68	Disposed	566796	Indirect
2021-12-01	Common Stockq	S	1402	$51.54	Disposed	565394	Indirect
2021-12-01	Common Stock	S	1398	$52.24	Disposed	563996	Indirect
2021-12-02	Common Stock	S	5046	$48.47	Disposed	558950	Indirect
2021-12-02	Common Stock	S	2984	$49.19	Disposed	555966	Indirect
2021-12-02	Common Stock	S	300	$50.26	Disposed	555666	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-12-01	Stock Option (right to buy)	$1.45	M	225000	Disposed	2026-12-07	Common Stock (225000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	122493	Indirect

Footnotes

F1: Adjusted due to rounding error.

F2: Shares sold pursuant to a Rule 10b5-1 trading plan entered into on June 21, 2021.

F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $47.91 to $47.58, inclusive.

F4: 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 ranges set forth in footnotes (3), (6), (7), (8), (9), (10), (11) and (12).

F5: The reportable securities are directly held by Norman C. Payson and Melinda B. Payson, Trustees of The Norman C. and Melinda B. Payson Revocable Trust.

F6: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $48.99 to $49.86, inclusive.

F7: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $50.15 to $51.12, inclusive.

F8: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $51.17 to $52.155, inclusive.

F9: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $52.165 to $52.4, inclusive.

F10: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $47.89 to 48.87, inclusive.

F11: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $48.9 to $49.885, inclusive.

F12: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $50.2 to $50.33, inclusive.

F13: The reportable securities are directly held by EVO Eagle, LLC. The Reporting Person shares voting and dispositive power over the securities.

F14: One forty-eighth (1/48th) of the shares subject to the Option vested or shall vest each month commencing January 2, 2017, subject to the Reporting Person continuing to provide service through each such date.