Filing Details
- Accession Number:
- 0001209191-18-016660
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2018-03-05 17:19:29
- Reporting Period:
- 2018-03-01
- Accepted Time:
- 2018-03-05 17:19:29
- 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 | 2018-03-01 | 3,500 | $27.74 | 3,500 | No | 4 | M | Direct | |
Common Stock | Disposition | 2018-03-01 | 2,206 | $58.30 | 1,294 | No | 4 | F | Direct | |
Common Stock | Disposition | 2018-03-01 | 1,294 | $55.68 | 0 | No | 4 | S | Direct | |
Common Stock | Acquisiton | 2018-03-02 | 3,317 | $0.00 | 3,317 | No | 4 | M | Direct | |
Common Stock | Disposition | 2018-03-02 | 977 | $55.90 | 2,340 | No | 4 | F | Direct | |
Common Stock | Acquisiton | 2018-03-02 | 568 | $0.00 | 2,908 | No | 4 | M | Direct | |
Common Stock | Disposition | 2018-03-02 | 168 | $55.90 | 2,740 | No | 4 | F | Direct | |
Common Stock | Disposition | 2018-03-02 | 2,340 | $56.90 | 400 | No | 4 | S | Direct | |
Common Stock | Acquisiton | 2018-03-02 | 22,954 | $27.74 | 23,354 | No | 4 | M | Direct | |
Common Stock | Disposition | 2018-03-02 | 14,678 | $56.85 | 8,676 | 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 | |
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 | 2018-03-01 | 3,500 | $0.00 | 3,500 | $27.74 |
Common Stock | Restricted Stock Units | Disposition | 2018-03-02 | 3,317 | $0.00 | 3,317 | $0.00 |
Common Stock | Restricted Stock Units | Disposition | 2018-03-02 | 568 | $0.00 | 568 | $0.00 |
Common Stock | Stock Options | Disposition | 2018-03-02 | 22,954 | $0.00 | 22,954 | $27.74 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
184,016 | 2017-08-01 | 2026-08-01 | No | 4 | M | Direct |
0 | 2018-03-02 | No | 4 | M | Direct | |
2,273 | 2018-03-02 | No | 4 | M | Direct | |
161,062 | 2017-08-01 | 2026-08-01 | No | 4 | M | Direct |
Footnotes
- 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.
- 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 March 1, 2018, ranging from $55.35 and 56.00.
- Represents 100% vesting on March 2, 2018. The original grant was 3,317 restricted stock units, which were granted on March 2, 2017. As part of the Company's 2017 Corporate Incentive Plan (CICP), Mr. Stillwell elected to receive his annual Bonus in RSUs.
- Represents 20% vesting on March 2, 2018. The original grant was 2,841 restricted stock units, with 20% vesting on March 2, 2018, and the remaining 80% vesting in equal quarterly installments over the remaining 4 years.
- Does not include shares of common stock subject to unvested restricted stock units and options awards.
- Options vest 20% on August 1, 2017, and the remaining 80% vest in equal quarterly installments over the remaining four 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.