Peter Anevski - 03 Nov 2022 Form 4 Insider Report for Progyny, Inc. (PGNY)

Role: CHIEF EXECUTIVE OFFICER, Director
Signature: /s/ Mark Livingston, Attorney-in-Fact
Issuer symbol: PGNY
Transactions as of: 03 Nov 2022
Net transactions value: -$997,927
Form type: 4
Filing time: 07 Nov 2022, 15:12:13 UTC
Previous filing: 03 Nov 2022
Next filing: 09 Nov 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PGNY	Common Stock	Options Exercise	$15,484	+3,920	+1.6%	$3.95^*	254,365	03 Nov 2022	Direct
transaction	PGNY	Common Stock	Sale	$153,625	-3,920	-1.5%	$39.19	250,445	03 Nov 2022	Direct	F1, F2
transaction	PGNY	Common Stock	Sale	$38,406	-980	-0.58%	$39.19	167,618	03 Nov 2022	See footnote	F1, F2, F3
transaction	PGNY	Common Stock	Options Exercise	$71,791	+18,175	+7.3%	$3.95^*	268,620	04 Nov 2022	Direct
transaction	PGNY	Common Stock	Sale	$707,809	-18,015	-6.7%	$39.29	250,605	04 Nov 2022	Direct	F1, F4
transaction	PGNY	Common Stock	Sale	$6,720	-160	-0.06%	$42.00	250,445	04 Nov 2022	Direct	F1
transaction	PGNY	Common Stock	Sale	$176,962	-4,504	-2.7%	$39.29	163,114	04 Nov 2022	See footnote	F1, F3, F4
transaction	PGNY	Common Stock	Sale	$1,680	-40	-0.02%	$42.00	163,074	04 Nov 2022	See footnote	F1, F3

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
transaction	PGNY	Stock Option (Right to Buy)	Options Exercise	$0	-3,920	-0.28%	$0.000000	1,399,635	03 Nov 2022	Common Stock	3,920	$3.95	Direct	F5
transaction	PGNY	Stock Option (Right to Buy)	Options Exercise	$0	-18,175	-1.3%	$0.000000	1,381,460	04 Nov 2022	Common Stock	18,175	$3.95	Direct	F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Shares sold pursuant to a Rule 10b5-1 trading plan entered into on July 5, 2022.
F2	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $39.12 to $39.48, inclusive. 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 range set forth in this footnote.
F3	The reportable securities are held directly by the PECO ANEVSKI 2020 SD LLC.
F4	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $39.18 to $40.08 inclusive. 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 range set forth in this footnote.
F5	One-fourth (1/4th) of the shares subject to the Option vested on May 23, 2020, and one thirty-sixth (1/36th) of the remaining shares subject to the Option vested or shall vest each month thereafter, subject to the Reporting Person continuing to provide service through each such date.