Filing Details

Accession Number:
0001013857-21-000070
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-03-09 16:33:39
Reporting Period:
2021-03-05
Accepted Time:
2021-03-09 16:33:39
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
Cfo, Svp 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 2021-03-05 426 $0.00 8,919 No 4 M Direct
Common Stock Disposition 2021-03-05 189 $118.46 8,730 No 4 F Direct
Common Stock Acquisiton 2021-03-08 429 $0.00 9,159 No 4 M Direct
Common Stock Disposition 2021-03-08 191 $121.08 8,968 No 4 F Direct
Common Stock Acquisiton 2021-03-08 469 $44.30 9,437 No 4 M Direct
Common Stock Disposition 2021-03-08 307 $117.31 9,130 No 4 F Direct
Common Stock Acquisiton 2021-03-08 1,372 $58.95 10,502 No 4 M Direct
Common Stock Disposition 2021-03-08 993 $117.31 9,509 No 4 F Direct
Common Stock Acquisiton 2021-03-08 1,462 $64.35 10,971 No 4 M Direct
Common Stock Disposition 2021-03-08 1,095 $117.31 9,876 No 4 F Direct
Common Stock Disposition 2021-03-08 908 $117.33 8,968 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 2021-03-05 426 $0.00 426 $0.00
Common Stock Restricted Stock Units Disposition 2021-03-08 429 $0.00 429 $0.00
Common Stock Stock Options Disposition 2021-03-08 469 $0.00 469 $44.30
Common Stock Stock Options Disposition 2021-03-08 1,372 $0.00 1,372 $58.95
Common Stock Stock Options Disposition 2021-03-08 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
3,410 2019-03-05 No 4 M Direct
5,152 2020-03-06 No 4 M Direct
1,876 2018-03-02 2027-03-02 No 4 M Direct
10,978 2019-03-05 2028-03-05 No 4 M Direct
17,544 2020-03-06 2029-03-06 No 4 F Direct
Footnotes
  1. Represents a 5% vesting on March 5, 2021. 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 March 6, 2021, with a release date on March 8, 2021, the first business day following the 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. Represents the weighted average of sale prices, ranging from $117.30 to $117.46 . The individual has provided the Company, and undertakes to provide to the staff of the Security and Exchange Commission or any security holder of the Company, upon request, full information regarding the number of shares sold at each separate price.
  5. Does not include shares of common stock subject to unvested restricted stock units and/or options awards.
  6. Each restricted stock unit represents the right to receive, following vesting, one share of the issuer's common stock.
  7. Once vested, the shares of common stock are not subject to expiration.
  8. Options vested 20% on March 2, 2018, with the remaining 80% vesting in equal quarterly amounts over the next four years.
  9. Options vested 20% on March 5, 2019, with the remaining 80% vesting in equal quarterly amounts over the next four years.
  10. Options vested 20% on March 6, 2020, with the remaining 80 vesting in equal quarterly installments over the next four years.