Filing Details

Accession Number:
0001013857-24-000037
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-03-05 17:57:07
Reporting Period:
2024-03-01
Accepted Time:
2024-03-05 17:57:07
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
1855325 Kerim Rifat Akgonul C/O Pegasystems Inc.
One Main Street
Cambridge MA 02142
Chief Product Officer 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 Disposition 2024-03-01 200 $64.50 52,892 No 4 S Direct
Common Stock Disposition 2024-03-01 1,250 $66.47 51,642 No 4 S Direct
Common Stock Disposition 2024-03-01 550 $66.93 51,092 No 4 S Direct
Common Stock Acquisiton 2024-03-01 588 $0.00 51,680 No 4 M Direct
Common Stock Disposition 2024-03-01 204 $65.04 51,476 No 4 F Direct
Common Stock Acquisiton 2024-03-04 231 $0.00 51,707 No 4 M Direct
Common Stock Disposition 2024-03-04 81 $66.61 51,626 No 4 F Direct
Common Stock Acquisiton 2024-03-04 335 $0.00 51,961 No 4 M Direct
Common Stock Disposition 2024-03-04 117 $66.61 51,844 No 4 F Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 S Direct
No 4 S 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
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Restricted Stock Units Disposition 2024-03-01 588 $0.00 588 $0.00
Common Stock Restricted Stock Units Disposition 2024-03-04 231 $0.00 231 $0.00
Common Stock Restricted Stock Units Disposition 2024-03-04 335 $0.00 335 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
7,052 2023-03-01 No 4 M Direct
1,844 2022-03-02 No 4 M Direct
1,337 2021-03-03 No 4 M Direct
Footnotes
  1. Sold pursuant to a pre-arranged trading plan adopted by Mr. Akgonul November 9, 2023 under Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
  2. Represents the weighted average of sale prices, ranging from $65.80 to $66.78 . 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.
  3. Represents the weighted average of sale prices, ranging from $66.82 to $67.11. 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.
  4. Represents a 5% vesting on March 1, 2024. The original grant was 11,754 restricted stock units, with a 20% vesting on March 1, 2023, with the remaining 80% vesting in equal quarterly installments over the remaining four years.
  5. Tendered to issuer to satisfy tax withholding obligations of the reporting person, exempted pursuant to Rule 16b-3(e).
  6. Represents a 5% vesting on March 2, 2024, with a release date of March 4, 2024, the first business day following vesting. The original grant was 4,611 restricted stock units, with a 20% vesting on March 2, 2022, with the remaining 80% vesting in equal quarterly installments over the remaining four years.
  7. Represents a 5% vesting on March 3, 2024, with a release date of March 4, 2024, the first business day following vesting. The original grant was 6,687 restricted stock units, with 20% vesting on March 3, 2021, and the remaining 80% vesting in equal quarterly installments over the remaining four years.
  8. Does not include shares of common stock subject to unvested restricted stock units and/or options awards.
  9. Each restricted stock unit represents the right to receive, following vesting, one share of the issuer's common stock.
  10. Once vested, the shares of common stock are not subject to expiration.