Filing Details

Accession Number:
0001209191-20-034043
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-06-03 16:33:29
Reporting Period:
2020-06-01
Accepted Time:
2020-06-03 16:33:29
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
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 2020-06-01 1,300 $11.05 13,420 No 4 M Direct
Common Stock Disposition 2020-06-01 661 $94.76 12,759 No 4 F Direct
Common Stock Disposition 2020-06-01 639 $97.35 12,120 No 4 S Direct
Common Stock Disposition 2020-06-01 2,101 $96.87 10,019 No 4 S Direct
Common Stock Acquisiton 2020-06-02 369 $0.00 10,388 No 4 M Direct
Common Stock Disposition 2020-06-02 164 $96.19 10,224 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 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 2020-06-01 1,300 $0.00 1,300 $11.05
Common Stock Restricted Stock Units Disposition 2020-06-02 369 $0.00 369 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
48,165 2013-12-12 2022-12-12 No 4 M Direct
2,586 2018-03-02 No 4 M Direct
Footnotes
  1. 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.
  2. Sold pursuant to a pre-arranged stock trading plan under rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
  3. Represents the weighted average sale prices on June 1, 2020, ranging from $96.85 to $96.94. The individual has provided to 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.
  4. Represents a 5% vesting on June 2, 2020. 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.
  5. Does not include the shares of common stock subject to unvested restricted stock units and/or options awards.
  6. Options vested 20% on December 12, 2013, with the remaining 80% vesting in equal quarterly installments over the next four years.
  7. Each restricted stock unit represents the right to receive, following vesting, one share of the issuer's common stock.
  8. Once vested, the shares of common stock are not subject to expiration.