Form 4 for PEGA PEGASYSTEMS INC
Accepted 2022-03-03 00:00:00 ET · period of report 2022-03-01 · accession 0001013857-22-000051 · 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 | 2022-03-03 | 2022-03-02+ | PEGA | KOUNINIS EFSTATHIOS A | CAO, VP of Fin | F - Tax | $85.45 | -274 | 2,563 | -10% | -$23.4K |
| DM | 2022-03-03 | 2022-03-02+ | PEGA | KOUNINIS EFSTATHIOS A | CAO, VP of Fin | M - OptEx | $0.00 | +919 | 2,626 | +54% | $0 |
| DM | 2022-03-03 | 2022-03-02+ | PEGA | KOUNINIS EFSTATHIOS A | CAO, VP of Fin | M - OptEx | $0.00 | -919 | 846 | -52% | $0 |
| DM | 2022-03-03 | 2022-03-01 | PEGA | KOUNINIS EFSTATHIOS A | CAO, VP of Fin | A - Grant | $0.00 | +9,224 | 704 | New | $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 | 2022-03-02 | F | D | 137 | $85.40 | 2,415 | D | — | — | |
| 2 | Common | Common stock | 2022-03-02 | M | A | 461 | $0.00 | 2,552 | D | — | — | (F2) Represents 100% vesting on March 2, 2022. The original grant was 461 restricted stock units, which were granted on March 2, 2021. As part of the Company's 2021 Corporate Incentive Compensation Plan (CICP), Mr. Kouninis elected to receive half of his annual bonus in RSUs. |
| 3 | Common | Common stock | 2022-03-02 | F | D | 51 | $85.40 | 2,091 | D | — | — | |
| 4 | Common | Common stock | 2022-03-02 | M | A | 171 | $0.00 | 2,142 | D | — | — | (F1) Represents a 5% vesting on March 2, 2022. The original grant was 3,410 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 | 2022-03-03 | F | D | 23 | $85.99 | 2,616 | D | — | — | (F5) Does not include shares of common stock subject to unvested restricted stock units and/or options awards. |
| 6 | Common | Common stock | 2022-03-03 | M | A | 76 | $0.00 | 2,639 | D | — | — | (F4) Represents a 5% vesting on March 3, 2022. The original grant was 1,533 restricted stock units, with 20% vesting on March 3, 2021, and the remaining 80% vesting in equal quarterly installments over the remaining four years. |
| 7 | Common | Common stock | 2022-03-02 | F | D | 63 | $85.40 | 2,563 | D | — | — | |
| 8 | Common | Common stock | 2022-03-02 | M | A | 211 | $0.00 | 2,626 | D | — | — | (F3) Represents a 20% vesting on March 2, 2022. The original grant was 1,057 restricted stock units, with the remaining 80% vesting in equal quarterly installments over the remaining four years. |
| 9 | Derivative | Restricted Stock Units | 2022-03-03 | M | D | 76 | $0.00 | 920 | D | $0.00 · 2021-03-03 to — | 76 Common stock | (F6) Each restricted stock unit represents the right to receive, following vesting, one share of the issuer's common stock. (F4) Represents a 5% vesting on March 3, 2022. The original grant was 1,533 restricted stock units, with 20% vesting on March 3, 2021, and the remaining 80% vesting in equal quarterly installments over the remaining four years. (F8) Once vested, the shares of common stock are not subject to expiration. |
| 10 | Derivative | Restricted Stock Units | 2022-03-02 | M | D | 461 | $0.00 | 0 | D | $0.00 · 2022-03-02 to — | 461 Common stock | (F6) Each restricted stock unit represents the right to receive, following vesting, one share of the issuer's common stock. (F2) Represents 100% vesting on March 2, 2022. The original grant was 461 restricted stock units, which were granted on March 2, 2021. As part of the Company's 2021 Corporate Incentive Compensation Plan (CICP), Mr. Kouninis elected to receive half of his annual bonus in RSUs. (F8) Once vested, the shares of common stock are not subject to expiration. |
| 11 | Derivative | Restricted Stock Units | 2022-03-02 | M | D | 171 | $0.00 | 0 | D | $0.00 · 2018-03-02 to — | 171 Common stock | (F6) Each restricted stock unit represents the right to receive, following vesting, one share of the issuer's common stock. (F1) Represents a 5% vesting on March 2, 2022. The original grant was 3,410 restricted stock units, with 20% vesting on March 2, 2018, and the remaining 80% vesting in equal quarterly installments over the remaining four years. (F8) Once vested, the shares of common stock are not subject to expiration. |
| 12 | Derivative | Stock Options | 2022-03-01 | A | A | 6,463 | $0.00 | 6,463 | D | $85.40 · 2023-03-01 to 2032-03-01 | 6,463 Common stock | (F10) Options will vest 20% on March 1, 2023, with the remaining 80% vesting in equal quarterly installments over the remaining four years. |
| 13 | Derivative | Restricted Stock Units | 2022-03-01 | A | A | 2,057 | $0.00 | 2,057 | D | $0.00 · 2023-03-01 to — | 2,057 Common stock | (F6) Each restricted stock unit represents the right to receive, following vesting, one share of the issuer's common stock. (F9) RSUs will vest 20% on March 1, 2023, with the remaining 80% vesting in equal quarterly installments over the remaining four years. (F8) Once vested, the shares of common stock are not subject to expiration. |
| 14 | Derivative | Restricted Stock Units | 2022-03-01 | A | A | 704 | $0.00 | 704 | D | $0.00 · 2023-03-01 to — | 704 Common stock | (F6) Each restricted stock unit represents the right to receive, following vesting, one share of the issuer's common stock. (F7) Represents election by the individual, as part of the Company's Corporate Incentive Plan (CICP), to receive half of their annual bonus in RSUs, based upon the Company's stock price as of March 1, 2022. All RSUs vest 100% on March 1, 2023, subject to attainment of the CICP performance threshold funding for the year ending December 31, 2022. (F8) Once vested, the shares of common stock are not subject to expiration. |
| 15 | Derivative | Restricted Stock Units | 2022-03-02 | M | D | 211 | $0.00 | 846 | D | $0.00 · 2022-03-02 to — | 211 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 20% vesting on March 2, 2022. The original grant was 1,057 restricted stock units, with the remaining 80% vesting in equal quarterly installments over the remaining four years. (F8) Once vested, the shares of common stock are not subject to expiration. |