Home/Filings/4/0001104659-22-042334
4//SEC Filing

DANI RAJ M. 4

Accession 0001104659-22-042334

CIK 0001679826other

Filed

Apr 3, 8:00 PM ET

Accepted

Apr 4, 5:37 PM ET

Size

19.6 KB

Accession

0001104659-22-042334

Insider Transaction Report

Form 4
Period: 2022-03-31
DANI RAJ M.
Chief Financial Officer
Transactions
  • Award

    Options (Right to Buy)

    2022-03-31+124,667124,667 total
    Exercise: $7.85From: 2022-03-31Exp: 2026-09-13Common Stock, $0.001 par value (124,667 underlying)
  • Award

    Options (Right to Buy)

    2022-03-31+31,16731,167 total
    Exercise: $11.79From: 2022-03-31Exp: 2028-09-18Common Stock, $0.001 par value (31,167 underlying)
  • Award

    Options (Right to Buy)

    2022-03-31+14,16714,167 total
    Exercise: $8.48From: 2022-03-31Exp: 2027-09-25Common 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.

Issuer

Ping Identity Holding Corp.

CIK 0001679826

Entity typeother

Related Parties

1
  • filerCIK 0001785196

Filing Metadata

Form type
4
Filed
Apr 3, 8:00 PM ET
Accepted
Apr 4, 5:37 PM ET
Size
19.6 KB