PagerDuty CFO granted 600,000 RSUs
Prengel Eric Theodore reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Prengel Eric Theodore reported acquisition or exercise transactions in this Form 4 filing.
PagerDuty, Inc. reported that Chief Financial Officer Eric Theodore Prengel received a grant of 600,000 shares of Common Stock in the form of restricted stock units under the 2019 Employee Incentive Plan. The RSUs were awarded at a price of $0.00 per unit.
Each restricted stock unit represents a contingent right to receive one share of PagerDuty Common Stock. One sixteenth of the total RSUs will vest on each quarterly anniversary of the grant date, subject to Mr. Prengel’s continuous service. Following this award, he holds 600,000 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 600,000 | $0.00 | $0.00 |
Footnotes (2)
- F1. Represents 600,000 restricted stock units acquired pursuant to the Issuer's 2019 Employee Incentive Plan. Each restricted stock unit represents a contingent right to receive one share of Common Stock of the Issuer and has no expiration date. 1/16th of the total number of shares underlying the restricted stock unit award shall vest on each quarterly anniversary from the date of grant thereafter, subject to continuous service to the Issuer on such date.
- F2. A portion of these shares represent restricted stock units
Key Figures
Key Terms
restricted stock units financial
2019 Employee Incentive Plan financial
contingent right financial
continuous service financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did PagerDuty (PD) disclose in this Form 4?
How do the PagerDuty (PD) restricted stock units granted to the CFO vest?
What plan governs the CFO’s restricted stock unit award at PagerDuty (PD)?
What is the exercise or purchase price of the PagerDuty (PD) RSUs granted?
What are the CFO’s PagerDuty (PD) holdings after this Form 4 transaction?
AI-generated analysis. How Rhea-AI works. Not financial advice.