Filing Details

Accession Number:
0000899243-20-009363
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-03-24 19:34:03
Reporting Period:
2020-03-20
Accepted Time:
2020-03-24 19:34:03
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1568100 Pagerduty Inc. NYSE:PD Services-Prepackaged Software (7372) 272793871
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1762438 Ethan Kurzweil C/O Bessemer Venture Partners
1865 Palmer Ave., Suite 104
Larchmont NY 10538
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2020-03-20 0 $0.00 0 No 4 S Indirect See footnotes
Common Stock Disposition 2020-03-23 0 $0.00 0 No 4 S Indirect See footnotes
Common Stock Disposition 2020-03-24 0 $0.00 0 No 4 S Indirect See footnotes
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect See footnotes
No 4 S Indirect See footnotes
No 4 S Indirect See footnotes
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 16,007 Indirect See footnotes
Footnotes
  1. On March 20, 2020 Bessemer Venture Partners VIII Institutional L.P. ("BVP VIII Inst") and Bessemer Venture Partners VIII, L.P. ("BVP VIII", and together with BVP VIII Inst, the "Funds") sold 447,538 shares of Common Stock and 429,318 shares of Common Stock, respectively. The Funds' shares were sold in multiple executions at a price per share ranging from $18.50 to $19.10, with an average execution price per share of $18.52. Each of the Funds hereby undertakes, upon request of the Staff of the U.S. Securities and Exchange Commission, the Issuer or a security holder of the Issuer, to provide full information regarding such individual executions. After the reported transaction, BVP VIII held 2,538,833 shares of Common Stock of the Issuer and BVP VIII Inst held 3,122,091 shares of Common Stock of the Issuer.
  2. The Reporting Person has a passive economic interest in the shares held by the Funds through an interest in (1) BVP VIII and (2) Deer VIII & Co. L.P. ("Deer L.P."), the general partner of each of the Funds. The Reporting Person disclaims beneficial ownership of the securities held by the Funds, except to the extent of his pecuniary interest, if any, in such securities by virtue of his interest in Deer L.P. and his indirect limited partnership interest in BVP VIII. This report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities.
  3. (On March 23, 2020 BVP VIII Inst and BVP VIII sold 45,460 shares of Common Stock and 43,046 shares of Common Stock, respectively. The Funds' shares were sold in multiple executions at a price per share ranging from $18.50 to $18.51, with an average execution price per share of $18.51. Each of the Funds hereby undertakes, upon request of the Staff of the U.S. Securities and Exchange Commission, the Issuer or a security holder of the Issuer, to provide full information regarding such individual executions. After the reported transaction, BVP VIII held 2,495,787 shares and BVP VIII Inst held 3,076,631 shares of Common Stock of the Issuer, respectively.
  4. On March 24, 2020 BVP VIII Inst and BVP VIII sold 47,411 shares of Common Stock and 48,295 shares of Common Stock, respectively. The Funds' shares were sold in multiple executions at a price per share ranging from $18.66 to $18.67, with an average execution price per share of $18.66. Each of the Funds hereby undertakes, upon request of the Staff of the U.S. Securities and Exchange Commission, the Issuer or a security holder of the Issuer, to provide full information regarding such individual executions. After the reported transaction, BVP VIII held 2,447,492 shares and BVP VIII Inst held 3,092,220 shares of Common Stock of the Issuer, respectively.
  5. Includes 7,938 shares of Common Stock received by the Ethan F. Kurzweil and Rebecca B. Kurzweil, as Co-Trustees of the KurzTrust, dated 11-11-13 (the "KurzTrust") in one or more pro rata distributions-in-kind from the Funds and Deer L.P. on October 7, 2019, which distributions were made in accordance with the exemption afforded by Rules 16a-13 and 16a-9 of the Securities Exchange Act of 1934, as amended.
  6. Includes 8,069 shares of Common Stock received by the KurzTrust in one or more pro rata distributions-in-kind from the Funds and Deer L.P. on December 10, 2019, which distributions were made in accordance with the exemption afforded by Rules 16a-13 and 16a-9 of the Securities Exchange Act of 1934, as amended.
  7. These share are held by the KurzTrust.