Form 4 for PEGA PEGASYSTEMS INC
Accepted 2021-09-03 00:00:00 ET · period of report 2021-09-01 · accession 0001013857-21-000202 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2021-09-03 | 2021-09-01+ | PEGA | Akgonul Rifat Kerim | Chief Product Off | F - Tax | $140.75 | -2,608 | 47.4K | -5% | -$367.1K |
| DM | 2021-09-03 | 2021-09-01+ | PEGA | Akgonul Rifat Kerim | Chief Product Off | M - OptEx | $21.72 | +5,104 | 49.8K | +11% | +$110.9K |
| D | 2021-09-03 | 2021-09-01 | PEGA | Akgonul Rifat Kerim | Chief Product Off | S - Sale+OE | $140.81 | -2,010 | 45.4K | -4% | -$283.0K |
| DM | 2021-09-03 | 2021-09-01+ | PEGA | Akgonul Rifat Kerim | Chief Product Off | M - OptEx | $0.00 | -5,104 | 4,681 | -52% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common stock | 2021-09-02 | F | D | 109 | $141.10 | 45,670 | D | — | — | |
| 2 | Common | Common stock | 2021-09-03 | M | A | 334 | $0.00 | 46,004 | D | — | — | (F3) Represents a 5% vesting on September 3, 2021. 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. |
| 3 | Common | Common stock | 2021-09-03 | F | D | 109 | $141.01 | 45,895 | D | — | — | (F4) Does not include shares of common stock subject to unvested restricted stock units and/or options awards. |
| 4 | Common | Common stock | 2021-09-02 | M | A | 370 | $0.00 | 45,779 | D | — | — | (F2) Represents a 5% vesting on September 2, 2021. The original grant was 7,387 restricted stock units, with 20% vesting on March 2, 2018, and the remaining 80% vesting in equal quarterly installments over the remaining four years. |
| 5 | Common | Common stock | 2021-09-01 | S | D | 2,010 | $140.81 | 45,409 | D | — | — | |
| 6 | Common | Common stock | 2021-09-01 | M | A | 4,400 | $25.20 | 49,809 | D | — | — | |
| 7 | Common | Common stock | 2021-09-01 | F | D | 2,390 | $140.72 | 47,419 | D | — | — | (F1) Represents the exercise price of the stock options referenced in Table II and Mr. Akgonul's tax liability, which were paid by way of the Company withholding shares of equal value. |
| 8 | Derivative | Stock Options | 2021-09-01 | M | D | 4,400 | $0.00 | 1,777 | D | $25.20 · 2017-03-09 to 2026-03-09 | 4,400 Common stock | (F5) Options vested 20% on March 9, 2017, with the remaining 80% vesting in equal quarterly amounts over the next four years. |
| 9 | Derivative | Restricted Stock Units | 2021-09-02 | M | D | 370 | $0.00 | 739 | D | $0.00 · 2018-03-02 to — | 370 Common stock | (F6) Each restricted stock unit represents the right to receive, following vesting, one share of the issuer's common stock. (F2) Represents a 5% vesting on September 2, 2021. The original grant was 7,387 restricted stock units, with 20% vesting on March 2, 2018, and the remaining 80% vesting in equal quarterly installments over the remaining four years. (F7) Once vested, the shares of common stock are not subject to expiration. |
| 10 | Derivative | Restricted Stock Units | 2021-09-03 | M | D | 334 | $0.00 | 4,681 | D | $0.00 · 2021-03-03 to — | 334 Common stock | (F6) Each restricted stock unit represents the right to receive, following vesting, one share of the issuer's common stock. (F3) Represents a 5% vesting on September 3, 2021. 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. (F7) Once vested, the shares of common stock are not subject to expiration. |