Filing Details
- Accession Number:
- 0001209191-19-048592
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2019-09-05 17:19:51
- Reporting Period:
- 2019-09-03
- Accepted Time:
- 2019-09-05 17:19:51
- 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 |
|---|---|---|---|---|---|---|---|
| 1480560 | Leon Trefler | C/O Pegasystems Inc. 1 Rogers Street Cambridge MA 02142 | Svp, Global Customer Success | 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 | 2019-09-03 | 619 | $0.00 | 11,475 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2019-09-03 | 276 | $70.15 | 11,199 | No | 4 | F | Direct | |
| Common Stock | Acquisiton | 2019-09-03 | 369 | $0.00 | 11,568 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2019-09-03 | 165 | $70.15 | 11,403 | No | 4 | F | Direct | |
| Common Stock | Acquisiton | 2019-09-03 | 1,473 | $11.05 | 12,876 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2019-09-03 | 786 | $69.26 | 12,090 | No | 4 | F | Direct | |
| Common Stock | Disposition | 2019-09-03 | 687 | $69.66 | 11,403 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2019-09-05 | 362 | $0.00 | 11,765 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2019-09-05 | 161 | $70.16 | 11,604 | No | 4 | F | 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 | |
| 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 | Restricted Stock Units | Disposition | 2019-09-03 | 619 | $0.00 | 619 | $0.00 |
| Common Stock | Restricted Stock Units | Disposition | 2019-09-03 | 369 | $0.00 | 369 | $0.00 |
| Common Stock | Stock Options | Disposition | 2019-09-03 | 1,473 | $0.00 | 1,473 | $11.05 |
| Common Stock | Restricted Stock Units | Disposition | 2019-09-05 | 362 | $0.00 | 362 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 1,240 | 2016-03-02 | No | 4 | M | Direct | |
| 3,694 | 2018-03-02 | No | 4 | M | Direct | |
| 61,938 | 2013-12-12 | 2022-12-12 | No | 4 | M | Direct |
| 5,073 | 2019-03-05 | No | 4 | M | Direct |
Footnotes
- Represents 5% vesting on September 2, 2019, with a release date of September 3, 2019, the first business day following the vesting. The original grant was 12,383 restricted stock units, with 20% vesting on March 2, 2016, and the remaining 80% vesting in equal quarterly installments over the remaining four years.
- Represents 5% vesting on September 2, 2019, with a release date of September 3, 2019, the first business day following the vesting. The original grant was 7,387 restricted stock units, with 20% vesting on March 2, 2018, and the remaining 80% vesting in equal quarterly installments over the remaining four years.
- Represents the exercise price of the Stock Options referenced in Table II and Mr. Trefler's tax liability, which were paid by way of the Company withholding 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 September 3, 2019, ranging from $69.50 to $69.79. 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 5% vesting on September 5, 2019. The original grant was 7,246 restricted stock units, with 20% vesting on March 5, 2019, and the remaining 80% vesting in equal quarterly installments over the remaining four years.
- 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.
- Once vested, the shares of common stock are not subject to expiration.
- Options vested 20% on December 12, 2013, with the remaining 80% vesting in equal quarterly installments over the next four years.
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