Filing Details
- Accession Number:
- 0001181431-11-034287
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2011-06-02 16:28:02
- Reporting Period:
- 2011-06-01
- Filing Date:
- 2011-06-02
- Accepted Time:
- 2011-06-02 16:28:02
- 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 |
|---|---|---|---|---|---|---|---|
| 1222579 | R Michael Pyle | C/O Pegasystems Inc. 101 Main Street Cambridge MA 02142 | Senior Vp, Engineering | 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 | 2011-06-01 | 35 | $0.00 | 7,124 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2011-06-01 | 12 | $37.35 | 7,112 | No | 4 | F | Direct | |
| Common Stock | Disposition | 2011-06-01 | 20,000 | $8.67 | 27,112 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2011-06-01 | 9,566 | $36.81 | 17,546 | No | 4 | F | Direct | |
| Common Stock | Disposition | 2011-06-01 | 3,835 | $36.36 | 13,711 | 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 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Restricted Stock Units | Disposition | 2011-06-01 | 35 | $0.00 | 700 | $0.00 |
| Common Stock | Stock Option - Right to Acquire | Disposition | 2011-06-01 | 20,000 | $0.00 | 20,000 | $8.67 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 525 | 2011-03-01 | No | 4 | M | Direct | |
| 0 | 2005-12-08 | 2015-12-08 | No | 4 | M | Direct |
Footnotes
- Represents 5% vesting on June 1, 2011. Original grant was 700 RSUs, with 20% vested on March 1, 2011, and the remaining 80% vesting in equal quarterly installments over the remaining four years.
- Each restricted stock unit represents the right to receive, following vesting, one share of Pegasystems Inc.'s common stock.
- Once vested, the shares of common stock are not subject to expiration.
- Represents the exercise price of the Stock Option referenced in Table II, which was paid by way of the withholding by the Company of shares with a value equal to the exercise price.
- All options were fully vested on 12/8/2005.
- Represents the weighted average of sale prices on 6/1/2011 ranging from $36.00 to $37.01.
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