Progyny (PGNY) director Kevin Gordon awarded RSUs and options in new equity grants
Rhea-AI Filing Summary
Progyny, Inc. director Kevin K. Gordon reported equity awards and updated holdings. He received a grant of 6,792 shares of common stock in the form of restricted stock units (RSUs), each representing one share, at a stated price of $0.0000 per share. These RSUs vest on the earlier of May 21, 2027 or the calendar day immediately before Progyny’s first annual stockholders’ meeting following the grant date, subject to his continued service. Gordon also received a stock option for 30,373 shares of common stock at an exercise price of $24.6900 per share, vesting on the same schedule.
After these awards, he holds 14,818 shares of common stock directly, 12,501 shares indirectly through the Kevin Gordon Revocable Declaration of Trust where he serves as trustee, and 30,373 stock options scheduled to vest as described.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 30,373 | $0.00 | -- |
| Grant/Award | Common Stock | 6,792 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- 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. The RSUs will vest on the earlier of (i) May 21, 2027 or (ii) the calendar day immediately preceding the date of the Issuer's first annual meeting of stockholders following the grant date, subject to the Reporting Person's continued service on such date. The reportable securities are held directly by the Kevin Gordon Revocable Declaration of Trust U/A/D 9/3/2013. The Reporting Person serves as trustee of the trust. The shares subject to the option will vest on the earlier of (i) May 21, 2027 or (ii) the calendar day immediately preceding the date of the Issuer's first annual meeting of stockholders following the grant date, subject to the Reporting Person's continued service on such date.