Michael E. Sturmer - 01 Jan 2022 Form 3 Insider Report for Progyny, Inc. (PGNY)

Role
President
Signature
/s/ Jennifer Bealer, Attorney-in-Fact
Issuer symbol
PGNY
Transactions as of
01 Jan 2022
Net transactions value
$0
Form type
3
Filing time
03 Jan 2022, 18:53:54 UTC
Next filing
04 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding PGNY Common Stock 250,000 01 Jan 2022 Direct F1

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
holding PGNY Employee Stock Option (Right to Buy) 01 Jan 2022 Common Stock 600,000 $42.78 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the number of shares of Issuer common stock underlying restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Issuer common stock. One-fourth (1/4th) of the RSUs will vest on February 26, 2022 and the remainder of the shares will vest in equal quarterly installments thereafter through February 26, 2025, subject to the Reporting Person continuing to provide service through each such date.
F2 One-fourth (1/4th) of the shares subject to the option will vest February 26, 2022 and the remainder of the shares will vest in equal quarterly installments thereafter through February 26, 2025, subject to the Reporting Person continuing to provide service through each such date.

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney