DANI RAJ M. 4
4 · Ping Identity Holding Corp. · Filed Apr 4, 2022
Insider Transaction Report
Form 4
DANI RAJ M.
Chief Financial Officer
Transactions
- Award
Options (Right to Buy)
2022-03-31+124,667→ 124,667 totalExercise: $7.85From: 2022-03-31Exp: 2026-09-13→ Common Stock, $0.001 par value (124,667 underlying) - Award
Options (Right to Buy)
2022-03-31+31,167→ 31,167 totalExercise: $11.79From: 2022-03-31Exp: 2028-09-18→ Common Stock, $0.001 par value (31,167 underlying) - Award
Options (Right to Buy)
2022-03-31+14,167→ 14,167 totalExercise: $8.48From: 2022-03-31Exp: 2027-09-25→ Common Stock, $0.001 par value (14,167 underlying)
Footnotes (3)
- [F1]On September 13, 2016, the reporting person was granted an option to purchase 124,667 shares of common stock. The options were initially to vest and become exercisable following the receipt by affiliates of Vista Equity Partners, LLC ("Vista") of a specified level of realized cash return on their investment. In January 2022, the compensation committee of the board of directors of Ping Identity Holding Corp. ("Issuer") determined that Vista had nearly realized the specified level of returns and decided to accelerate all options granted to named executive officers prior to the Issuer's initialpublic offering. All options under this grant vested as of March 31, 2022.
- [F2]On September 25, 2017, the reporting person was granted an option to purchase 14,167 shares of common stock. The options were initially to vest and become exercisable following the receipt by affiliates of Vista Equity Partners, LLC ("Vista") of a specified level of realized cash return on their investment. In January 2022, the compensation committee of the board of directors of Ping Identity Holding Corp. ("Issuer") determined that Vista had nearly realized the specified level of returns and decided to accelerate all options granted to named executive officers prior to the Issuer's initial public offering. All options under this grant vested as of March 31, 2022.
- [F3]On September 18, 2018, the reporting person was granted an option to purchase 31,167 shares of common stock. The options were initially to vest and become exercisable following the receipt by affiliates of Vista Equity Partners, LLC ("Vista") of a specified level of realized cash return on their investment. In January 2022, the compensation committee of the board of directors of Ping Identity Holding Corp. ("Issuer") determined that Vista had nearly realized the specified level of returns and decided to accelerate all options granted to named executive officers prior to the Issuer's initial public offering. All options under this grant vested as of March 31, 2022.