Filing Details
- Accession Number:
- 0001209191-18-017804
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2018-03-07 18:16:43
- Reporting Period:
- 2018-03-05
- Accepted Time:
- 2018-03-07 18:16:43
- 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 | Disposition | 2018-03-05 | 600 | $57.44 | 27,905 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2018-03-05 | 3,129 | $58.94 | 24,776 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2018-03-05 | 271 | $59.43 | 24,505 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2018-03-06 | 6,000 | $60.00 | 18,505 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | 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 | Acquisiton | 2018-03-05 | 5,100 | $0.00 | 5,100 | $0.00 |
| Common Stock | Restricted Stock Units | Acquisiton | 2018-03-05 | 2,221 | $0.00 | 2,221 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 5,100 | 2019-03-05 | No | 4 | A | Direct | |
| 2,221 | 2019-03-05 | No | 4 | A | Direct |
Footnotes
- 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, ranging from $57.15 to $57.65. The individual has provided the Company, and undertakes to provide to the staff of the Securities and Exchange Commission or any security holder of the Company, upon request, full information regarding the number of shares sold at each separate price.
- Represents the weighted average of the sale prices, ranging from $58.40 to $59.35. The individual has provided the Company, and undertakes to provide to the staff of the Securities and Exchange Commission or any security holder of the Company, upon request, full information regarding the number of shares sold at each separate price.
- Represents the weighted average of the sale prices, ranging from $59.40 to $59.45. The individual has provided the Company, and undertakes to provide to the staff of the Securities and Exchange Commission or any security holder of the Company, upon request, full information regarding the number of shares sold at each separate price.
- Does not include shares of common stock subject to unvested restricted stock units and options awards.
- Each restricted stock unit represents the right to receive, following vesting, one share of the Company's common stock.
- RSUs vest 50% on March 5, 2019, and the remaining 50% will vest on March 5, 2020.
- Once vested, the shares of common stock are not subject to expiration.
- Represents election by the individual, as part of the Company's Corporate Incentive Plan (CICP), to receive half of their annual bonus in RSUs, based upon the Company's stock price as of March 5, 2018. All RSUs vest 100% on March 5, 2019, subject to attainment of the CICP performance threshold funding for the year ending December 31, 2018.
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