Filing Details

Accession Number:
0001209191-16-153385
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-12-05 16:51:23
Reporting Period:
2016-12-01
Filing Date:
2016-12-05
Accepted Time:
2016-12-05 16:51:23
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
1237268 I Douglas Kra 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 2016-12-01 1,524 $0.00 37,369 No 4 M Direct
Common Stock Disposition 2016-12-01 666 $36.10 36,703 No 4 F Direct
Common Stock Disposition 2016-12-01 858 $35.93 35,845 No 4 S Direct
Common Stock Acquisiton 2016-12-02 557 $0.00 36,402 No 4 M Direct
Common Stock Disposition 2016-12-02 181 $34.85 36,221 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 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 2016-12-01 1,524 $0.00 32,000 $6.00
Common Stock Restricted Stock Options Disposition 2016-12-02 557 $0.00 11,145 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
18,284 2008-12-13 2017-12-13 No 4 M Direct
7,245 2016-03-02 No 4 M Direct
Footnotes
  1. Represents the exercise price of the Stock Options referenced in Table II and Mr. Kra's tax liability, which were paid by way of withholding by the Company of 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 of the sale prices on December 1, 2016, ranging from $35.90 to $36.00.
  4. Represents 5% vesting on December 2, 2016. The original grant was 11145 restricted stock units, with 20% vesting on March 2, 2016, and the remaining 80% vesting in equal quarterly installments over the remaining 4 years.
  5. Each restricted stock unit represents the right to receive, following vesting, one share of Pegasystems Inc.'s common stock.
  6. Once vested, the shares of common stock are not subject to expiration.