Filing Details

Accession Number:
0001013857-21-000138
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-06-09 17:04:07
Reporting Period:
2021-06-07
Accepted Time:
2021-06-09 17:04:07
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
1680115 Kenneth Stillwell C/O Pegasystems Inc.
One Rogers Street
Cambridge MA 02142
Coo, Cfo 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 2021-06-07 426 $0.00 8,077 No 4 M Direct
Common Stock Disposition 2021-06-07 189 $119.85 7,888 No 4 F Direct
Common Stock Acquisiton 2021-06-07 430 $0.00 8,318 No 4 M Direct
Common Stock Disposition 2021-06-07 191 $119.85 8,127 No 4 F Direct
Common Stock Acquisiton 2021-06-09 469 $44.30 8,596 No 4 M Direct
Common Stock Disposition 2021-06-09 298 $128.84 8,298 No 4 F Direct
Common Stock Acquisiton 2021-06-09 1,372 $58.95 9,670 No 4 M Direct
Common Stock Disposition 2021-06-09 958 $128.84 8,712 No 4 F Direct
Common Stock Acquisiton 2021-06-09 1,462 $64.35 10,174 No 4 M Direct
Common Stock Disposition 2021-06-09 1,055 $128.84 9,119 No 4 F Direct
Common Stock Disposition 2021-06-09 992 $129.06 8,127 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 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 2021-06-07 426 $0.00 426 $0.00
Common Stock Restricted Stock Units Disposition 2021-06-07 430 $0.00 430 $0.00
Common Stock Stock Options Disposition 2021-06-09 469 $0.00 469 $44.30
Common Stock Stock Options Disposition 2021-06-09 1,372 $0.00 1,372 $58.95
Common Stock Stock Options Disposition 2021-06-09 1,462 $0.00 1,462 $64.35
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
2,984 2019-03-05 No 4 M Direct
4,722 2020-03-06 No 4 M Direct
1,407 2018-03-02 2027-03-02 No 4 M Direct
9,606 2019-03-05 2028-03-05 No 4 M Direct
16,082 2020-03-06 2029-03-06 No 4 M Direct
Footnotes
  1. Represents a 5% vesting on June 5, 2021, with a release date of June 7, 2021, the first business day following vesting. The original grant was 8,524 restricted stock units, with 20% vesting on March 5, 2019, and the remaining 80% vesting in equal quarterly installments over the remaining four years.
  2. Represents a 5% vesting on June 6, 2021, with a release date of June 7, 2021, the first business day following vesting. The original grant was 8,586 restricted stock units, with 20% vesting on March 6, 2020, and the remaining 80% vesting in equal quarterly installments over the remaining four years.
  3. Represents the exercise price for the stock options referenced in Table II and Mr. Stillwell's tax liability, which were paid by way of the Company withholding shares of equal value.
  4. Does not include shares of common stock subject to unvested restricted stock units and/or options awards.
  5. Each restricted stock unit represents the right to receive, following vesting, one share of the issuer's common stock.
  6. Once vested, the shares of common stock are not subject to expiration.
  7. Options vested 20% on March 2, 2018, with the remaining 80% vesting in equal quarterly amounts over the next four years.
  8. Options vested 20% on March 5, 2019, with the remaining 80% vesting in equal quarterly amounts over the next four years.
  9. Options vested 20% on March 6, 2020, with the remaining 80 vesting in equal quarterly installments over the next four years.