[Form 4] Progyny, Inc. Insider Trading Activity
Progyny, Inc.’s chief financial officer Mark S. Livingston reported a mix of equity grants and related tax withholdings.
Rhea-AI Filing Summary
Progyny, Inc.’s chief financial officer Mark S. Livingston reported a mix of equity grants and related tax withholdings. He received a grant of 45,454 shares of common stock as restricted stock units and a separate stock option for 66,289 shares, both as annual merit awards under the 2019 Equity Incentive Plan. In connection with RSU vesting, the company withheld 4,579 shares on one date and 181 shares on another date at prices around $17.60–$17.69 per share to cover tax obligations, leaving him with 87,677 common shares directly owned after the larger withholding transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 4,579 | $17.60 | $81K |
| Grant/Award | Stock Option (Right to Buy) | 66,289 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 45,454 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 181 | $17.69 | $3K |
Footnotes (3)
- F1. Represents the number of shares of Issuer common stock underlying restricted stock units ("RSUs"). This was an annual merit grant made pursuant to the Issuer's 2019 Equity Incentive Plan. Each RSU represents a contingent right to receive one share of Issuer common stock. 33% of the RSUs will vest on the first anniversary of the grant date, with the remainder vesting quarterly in installments thereafter through the third anniversary of the grant date, subject to the Reporting Person's continued service on each applicable vesting date.
- F2. Shares withheld for payment of withholding taxes upon the vesting of restricted stock units granted to the Reporting Person.
- F3. Represents an annual merit grant made pursuant to the Issuer's 2019 Equity Incentive Plan. 33% of the shares will vest on the first anniversary of the grant date, with the remainder vesting quarterly in installments thereafter through the third anniversary of the grant date, subject to the Reporting Person's continued service on each applicable vesting date.
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