Filing Details

Accession Number:
0001209191-17-052669
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-09-13 17:22:41
Reporting Period:
2017-09-11
Accepted Time:
2017-09-13 17:22:41
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 2017-09-11 327 $0.00 585 No 4 M Direct
Common Stock Disposition 2017-09-11 107 $55.65 478 No 4 F Direct
Common Stock Acquisiton 2017-09-11 844 $0.00 1,322 No 4 M Direct
Common Stock Disposition 2017-09-11 481 $56.45 841 No 4 F Direct
Common Stock Disposition 2017-09-11 363 $56.50 478 No 4 S Direct
Common Stock Acquisiton 2017-09-11 196 $0.00 674 No 4 M Direct
Common Stock Disposition 2017-09-11 111 $56.55 563 No 4 F Direct
Common Stock Disposition 2017-09-11 85 $56.57 478 No 4 S 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 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 2017-09-11 327 $0.00 6,527 $0.00
Common Stock Stock Options Disposition 2017-09-11 844 $0.00 16,870 $20.49
Common Stock Stock Options Disposition 2017-09-11 196 $0.00 3,904 $20.05
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
4,569 2017-03-09 No 4 M Direct
8,435 2016-03-02 2025-03-02 No 4 M Direct
1,366 2015-03-07 2024-03-07 No 4 M Direct
Footnotes
  1. Represents 5% vesting on September 9, 2017, with a release date of September 11, 2017, the first business day following the vesting. The original grant was 6527 restricted stock units, with 20% vesting on March 9, 2017, 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. Kouninis' tax liability, which were paid by way of withholding by the Company of shares of equal value.
  3. Each restricted stock unit represents the right to receive, following vesting, one share of Pegasystems Inc.'s common stock.
  4. Once vested, the shares of common stock are not subject to expiration.
  5. Options vested 20% on March 2, 2016, with the remaining 80% vesting in equal quarterly installments over the next four years.
  6. Options vested 20% on March 7, 2015, with the remaining 80% vesting in equal quarterly installments over the next four years.