Filing Details
- Accession Number:
- 0001209191-17-047479
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2017-08-03 17:49:13
- Reporting Period:
- 2017-08-01
- Filing Date:
- 2017-08-03
- Accepted Time:
- 2017-08-03 17:49:13
- 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 |
---|---|---|---|---|---|---|---|
1680115 | Kenneth Stillwell | C/O Pegasystems Inc One Rogers Street Cambridge MA 02142 | Cfo, Svp | 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 | 2017-08-01 | 8,746 | $0.00 | 8,746 | No | 4 | M | Direct | |
Common Stock | Disposition | 2017-08-01 | 2,839 | $60.45 | 5,907 | No | 4 | F | Direct | |
Common Stock | Disposition | 2017-08-01 | 3,000 | $60.51 | 2,907 | No | 4 | S | Direct | |
Common Stock | Acquisiton | 2017-08-01 | 3,500 | $0.00 | 6,407 | No | 4 | M | Direct | |
Common Stock | Disposition | 2017-08-01 | 2,217 | $60.70 | 4,190 | No | 4 | F | Direct | |
Common Stock | Disposition | 2017-08-01 | 1,283 | $60.40 | 2,907 | 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 | S | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Restricted Stock Units | Disposition | 2017-08-01 | 8,746 | $0.00 | 43,732 | $0.00 |
Common Stock | Stock Options | Disposition | 2017-08-01 | 3,500 | $0.00 | 211,516 | $27.74 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
34,986 | 2017-08-01 | No | 4 | M | Direct | |
208,016 | 2017-08-01 | 2026-08-01 | No | 4 | M | Direct |
Footnotes
- Represents 20% vesting on August 1, 2017. The original grant was 43,732 restricted stock units, with 20% vesting on August 1, 2017, and the remaining 80% vesting in equal quarterly installments over the remaining 4 years.
- 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 August 1, 2017, ranging from $59.80 and $61.10.
- Represents the exercise price of the Stock Options referenced in Table II and Mr. Stillwell's tax liability, which were paid by way of withholding by the Company of shares of equal value.
- 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.
- Options vest 20% on August 1, 2017, and the remaining 80% vest in equal quarterly installments over the remaining four years.