Mark S. Livingston - Sep 1, 2021 Form 4 Insider Report for Progyny, Inc. (PGNY)

Role: Chief Financial Officer
Signature: /s/ Jennifer Bealer, Attorney-in-Fact
Stock symbol: PGNY
Transactions as of: Sep 1, 2021
Transactions value $: $0
Form type: 4
Date filed: 9/3/2021, 04:40 PM
Previous filing: Jul 27, 2021
Next filing: Sep 16, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PGNY	Common Stock	Award	$0	+75K	+488.66%	$0.00	90.3K	Sep 1, 2021	Direct	F1, F2

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	Employee Stock Option (Right to Buy)	Award	$0	+250K		$0.00	250K	Sep 1, 2021	Common Stock	250K	$56.29	Direct	F3

* 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.
F2	Represents a grant of RSUs made pursuant to the Issuer's 2019 Equity Incentive Plan. One fourth (1/4th) of the shares subject to the grant shall vest on September 1, 2022 and one-sixteenth (1/16th) of the shares subject to the grant shall vest each quarter thereafter through September 1, 2025, subject to the reporting person's continued service through each such date.
F3	Represents a grant of employee stock options made pursuant to the Issuer's 2019 Equity Incentive Plan. One fourth (1/4th) of the shares subject to the grant shall vest on September 1, 2022 and one-sixteenth (1/16th) of the shares subject to the grant shall vest each quarter thereafter through September 1, 2025, subject to the reporting person's continued service through each such date.