Filing Details

Accession Number:
0001209191-17-038930
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-06-09 17:14:20
Reporting Period:
2017-06-07
Filing Date:
2017-06-09
Accepted Time:
2017-06-09 17:14:20
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
1480560 Leon Trefler 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 2017-06-07 502 $0.00 11,218 No 4 M Direct
Common Stock Disposition 2017-06-07 237 $60.60 10,981 No 4 F Direct
Common Stock Acquisiton 2017-06-09 14,938 $0.00 25,919 No 4 M Direct
Common Stock Disposition 2017-06-09 8,998 $64.35 16,921 No 4 F Direct
Common Stock Disposition 2017-06-09 5,940 $64.34 10,981 No 4 S Direct
Common Stock Disposition 2017-06-09 3,120 $64.22 7,861 No 4 S Direct
Common Stock Acquisiton 2017-06-09 603 $0.00 8,464 No 4 M Direct
Common Stock Disposition 2017-06-09 284 $63.65 8,180 No 4 F Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 F Direct
No 4 M Direct
No 4 F Direct
No 4 S 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 Restricted Stock Units Disposition 2017-06-07 502 $0.00 10,054 $0.00
Common Stock Stock Options Disposition 2017-06-09 14,938 $0.00 14,938 $16.02
Common Stock Restricted Stock Units Disposition 2017-06-09 603 $0.00 12,049 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
3,520 2015-03-07 No 4 M Direct
0 2012-03-17 2021-03-17 No 4 M Direct
9,037 2017-03-09 No 4 M Direct
Footnotes
  1. Represents 5% vesting on June 7, 2017. The original grant was 10054 restricted stock units, with 20% vesting on March 7, 2015, and the remaining 80% vesting in equal quarterly installments over the remaining 4 years.
  2. Represents the exercise price of the Stock Options referenced in Table II and Mr. Trefler's tax liability, which were paid by way of withholding by the Company of shares of equal value.
  3. Represents the weighted average of the sale prices on June 9, 2017, ranging from $64.30 to $64.35.
  4. Represents the weighted average of the sale prices on June 9, 2017, ranging from $64.20 to $64.25.
  5. Represents 5% vesting on June 9, 2017. The original grant was 12049 restricted stock units, with 20% vesting on March 9, 2017, and the remaining 80% vesting in equal quarterly installments over the remaining 4 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.
  8. Options vested 20% on March 17, 2012, with the remaining 80% vesting in equal quarterly installments over the next four years.
  9. The grant of restricted stock units was previously reported as 7469, but has been adjusted to reflect a 2-for-1 stock split that occurred on April 1, 2014.