Filing Details

Accession Number:
0001209191-17-064234
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-12-06 17:44:12
Reporting Period:
2017-12-04
Accepted Time:
2017-12-06 17:44:12
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
1222579 R Michael Pyle C/O Pegasystems Inc.
1 Rogers Street
Cambridge MA 02142
Senior Vp, Engineering 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 2017-12-04 557 $0.00 54,343 No 4 M Direct
Common Stock Disposition 2017-12-04 263 $50.25 54,080 No 4 F Direct
Common Stock Disposition 2017-12-06 4,000 $49.06 50,080 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
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Restricted Stock Units Disposition 2017-12-04 557 $0.00 11,145 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
5,016 2016-03-02 No 4 M Direct
Footnotes
  1. Represents 5% vesting on December 2, 2017, with a release date of December 4, 2017, the first business day following the vesting. The original grant was 11,145 restricted stock units, with 20% vesting on March 2, 2016, and the remaining 80% vesting in equal quarterly installments over the remaining 4 years.
  2. Sold pursuant to a pre-arranged stock trading plan under rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
  3. Represents the weighted average of the sale prices on December 6, 2017, ranging from $48.85 to $49.25.
  4. Each restricted stock unit represents the right to receive, following vesting, one share of Pegasystems Inc.'s common stock.
  5. Once vested, the shares of common stock are not subject to expiration.