Filing Details
- Accession Number:
- 0001209191-18-051099
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2018-09-14 16:48:49
- Reporting Period:
- 2018-09-12
- Accepted Time:
- 2018-09-14 16:48:49
- 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 | 2018-09-12 | 93 | $0.00 | 322 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2018-09-12 | 28 | $63.75 | 294 | No | 4 | F | Direct | |
| Common Stock | Acquisiton | 2018-09-13 | 314 | $27.24 | 608 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2018-09-13 | 186 | $65.00 | 422 | No | 4 | F | Direct | |
| Common Stock | Acquisiton | 2018-09-13 | 478 | $25.20 | 900 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2018-09-13 | 272 | $65.25 | 628 | No | 4 | F | Direct | |
| Common Stock | Disposition | 2018-09-13 | 455 | $65.31 | 173 | 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 | 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 | 2018-09-12 | 93 | $0.00 | 93 | $0.00 |
| Common Stock | Stock Options | Disposition | 2018-09-13 | 314 | $0.00 | 314 | $27.24 |
| Common Stock | Stock Options | Disposition | 2018-09-13 | 478 | $0.00 | 478 | $25.20 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 1,114 | 2017-09-12 | No | 4 | M | Direct | |
| 3,765 | 2017-09-12 | 2026-09-12 | No | 4 | M | Direct |
| 10,993 | 2017-03-12 | 2026-03-12 | No | 4 | M | Direct |
Footnotes
- Represents 5% vesting on September 12, 2018. The original grant was 1856 restricted stock units, with 20% vesting on September 12, 2017, and the remaining 80% vesting in equal quarterly installments over the remaining 4 years.
- 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.
- Represents the weighted average of the sale prices, ranging from $65.00 to $65.75. 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 issuer's common stock.
- Once vested, the shares of common stock are not subject to expiration.
- Options vested 20% on September 12, 2017, with the remaining 80% vesting in equal quarterly installments over the next four years.
- Options vested 20% on March 12, 2017, with the remaining 80% vesting in equal quarterly installments over the next four years.
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