Filing Details
- Accession Number:
- 0001209191-16-153385
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2016-12-05 16:51:23
- Reporting Period:
- 2016-12-01
- Filing Date:
- 2016-12-05
- Accepted Time:
- 2016-12-05 16:51:23
- 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 |
|---|---|---|---|---|---|---|---|
| 1237268 | I Douglas Kra | C/O Pegasystems Inc. 1 Rogers Street Cambridge MA 02142 | Svp, Global Customer Success | 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 | 2016-12-01 | 1,524 | $0.00 | 37,369 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2016-12-01 | 666 | $36.10 | 36,703 | No | 4 | F | Direct | |
| Common Stock | Disposition | 2016-12-01 | 858 | $35.93 | 35,845 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2016-12-02 | 557 | $0.00 | 36,402 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2016-12-02 | 181 | $34.85 | 36,221 | No | 4 | F | 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 |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Stock Options | Disposition | 2016-12-01 | 1,524 | $0.00 | 32,000 | $6.00 |
| Common Stock | Restricted Stock Options | Disposition | 2016-12-02 | 557 | $0.00 | 11,145 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 18,284 | 2008-12-13 | 2017-12-13 | No | 4 | M | Direct |
| 7,245 | 2016-03-02 | No | 4 | M | Direct |
Footnotes
- Represents the exercise price of the Stock Options referenced in Table II and Mr. Kra's tax liability, which were paid by way of withholding by the Company of shares of equal value.
- Sold pursuant to a pre-arranged stock trading plan under rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
- Represents the weighted average of the sale prices on December 1, 2016, ranging from $35.90 to $36.00.
- Represents 5% vesting on December 2, 2016. The original grant was 11145 restricted stock units, with 20% vesting on March 2, 2016, and the remaining 80% vesting in equal quarterly installments over the remaining 4 years.
- Each restricted stock unit represents the right to receive, following vesting, one share of Pegasystems Inc.'s common stock.
- Once vested, the shares of common stock are not subject to expiration.
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