Filing Details

Accession Number:
0001209191-15-053847
Form Type:
4
Zero Holdings:
No
Publication Time:
2015-06-16 16:44:52
Reporting Period:
2015-06-12
Filing Date:
2015-06-16
Accepted Time:
2015-06-16 16:44:52
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1013857 Pegasystems Inc PEGA Services-Computer Processing & Data Preparation (7374) 042787865
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1353196 A Efstathios Kouninis C/O Pegasystems Inc.
1 Rogers Street
Cambridge MA 02142
Vp Of Finance & Cao No Yes 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 Acquisiton 2015-06-12 648 $0.00 648 No 4 M Direct
Common Stock Disposition 2015-06-12 422 $22.81 226 No 4 F Direct
Common Stock Disposition 2015-06-12 226 $22.83 0 No 4 S Direct
Common Stock Acquisiton 2015-06-15 50 $0.00 50 No 4 M Direct
Common Stock Disposition 2015-06-15 16 $22.67 34 No 4 F Direct
Common Stock Acquisiton 2015-06-15 58 $0.00 92 No 4 M Direct
Common Stock Disposition 2015-06-15 19 $22.67 73 No 4 F Direct
Common Stock Acquisiton 2015-06-15 34 $0.00 107 No 4 M Direct
Common Stock Disposition 2015-06-15 11 $22.67 96 No 4 F Direct
Common Stock Disposition 2015-06-15 96 $22.45 0 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 F Direct
No 4 S Direct
No 4 M Direct
No 4 F Direct
No 4 M Direct
No 4 F Direct
No 4 M Direct
No 4 F Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Options Disposition 2015-06-12 648 $0.00 12,942 $11.05
Common Stock Restricted Stock Unit Disposition 2015-06-15 50 $0.00 1,006 $0.00
Common Stock Restricted Stock Unit Disposition 2015-06-15 58 $0.00 1,164 $0.00
Common Stock Restricted Stock Unit Disposition 2015-06-15 34 $0.00 648 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
6,472 2013-12-12 2022-12-12 No 4 M Direct
102 2011-12-14 No 4 M Direct
350 2012-12-14 No 4 M Direct
0 2011-06-15 No 4 M Direct
Footnotes
  1. Represents the exercise price of the stock options reflected in Table II and Mr. Kouninis' tax liability, which was paid by way of withholding by the Company of shares of equal value.
  2. Represents 5% vesting on Sunday, June 14, 2015, with the release date of Monday, June 15, 2015, the first business day following vesting. The original grant was 1006 restricted stock units, with 20% vesting on December 14, 2011, and the remaining 80% vesting in equal quarterly installments over the remaining 4 years.
  3. Represents 5% vesting on Sunday, June 14, 2015, with the release date of Monday, June 15, 2015, the first business day following vesting. The original grant was 1164 restricted stock units, with 20% vesting on December 14, 2012, and the remaining 80% vesting in equal quarterly installments over the remaining 4 years.
  4. Represents 5% vesting on June 15, 2015. The original grant was 648 restricted stock units, with 20% vesting on June 15, 2011, and the remaining 80% vesting in equal quarterly installments over the remaining 4 years.
  5. Options vested 20% on December 12, 2013, with the remaining 80% vesting in equal quarterly installments over the next four years.
  6. Each restricted stock unit represents the right to receive, following vesting, one share of Pegasystems Inc.'s common stock.
  7. Once vested, the shares of common stock are not subject to expiration.