Home > Insider Trading > Filing (0001209191-19-018205)

Filing Details

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	Disposition	2019-03-08	5,000	$63.96	8,169	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
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	2019-03-06	8,586	$0.00	8,586	$0.00
Common Stock	Stock Options	Acquisiton	2019-03-06	29,240	$0.00	29,240	$64.35
Common Stock	Restricted Stock Units	Acquisiton	2019-03-06	2,650	$0.00	2,650	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
8,586	2020-03-06		No	4	A	Direct
29,240	2020-03-06	2029-03-06	No	4	A	Direct
2,650	2020-03-06		No	4	A	Direct

Footnotes

Represents the weighted average of the sale prices, ranging from $63.90 to $64.00. 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/or options awards.
Each restricted stock unit represents the right to receive, following vesting, one share of the issuer's common stock.
RSUs will vest 20% on March 6, 2020, with the remaining 80% vesting in equal quarterly installments over the remaining four years.
Once vested, the shares of common stock are not subject to expiration.
Options will vest 20% on March 6, 2020, with the remaining 80% vesting in equal quarterly installments over the remaining four years.
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 6, 2019. All RSUs vest 100% on March 6, 2020, subject to attainment of the CICP performance threshold funding for the year ending December 31, 2019.