Form 4 for PEGA PEGASYSTEMS INC
Accepted 2022-03-03 00:00:00 ET · period of report 2022-03-01 · accession 0001013857-22-000055 · 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 | TREFLER ALAN | CEO, COB, 10% | F - Tax | $85.49 | -2,570 | 39.79M | -0.0% | -$219.7K |
| DM | 2022-03-03 | 2022-03-02+ | PEGA | TREFLER ALAN | CEO, COB, 10% | M - OptEx | $0.00 | +8,623 | 39.80M | +0.0% | $0 |
| DM | 2022-03-03 | 2022-03-02+ | PEGA | TREFLER ALAN | CEO, COB, 10% | M - OptEx | $0.00 | -8,623 | 20.0K | -30% | $0 |
| D | 2022-03-03 | 2022-03-01 | PEGA | TREFLER ALAN | CEO, COB, 10% | A - Grant | $0.00 | +240.0K | 240.0K | 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 | 2022-03-03 | F | D | 409 | $85.99 | 39,799,150 | D | — | — | (F4) Does not include shares of common stock subject to unvested restricted stock units and/or options awards. |
| 2 | Common | Common stock | 2022-03-03 | M | A | 1,393 | $0.00 | 39,799,559 | D | — | — | (F3) Represents a 5% vesting on March 3, 2022. The original grant was 27,862 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 | 2022-03-02 | F | D | 1,505 | $85.40 | 39,798,166 | D | — | — | |
| 4 | Common | Common stock | 2022-03-02 | M | A | 4,995 | $0.00 | 39,799,671 | D | — | — | (F2) Represents a 20% vesting on March 2, 2022. The original grant was 24,976 restricted stock units, with the remaining 80% vesting in equal quarterly installments over the remaining four years. |
| 5 | Common | Common stock | 2022-03-02 | F | D | 656 | $85.40 | 39,794,676 | D | — | — | |
| 6 | Common | Common stock | 2022-03-02 | M | A | 2,235 | $0.00 | 39,795,332 | D | — | — | (F1) Represents 100% vesting on March 2, 2022. The original grant was 2,235 restricted stock units, which were granted on March 2, 2021. As part of the Company's 2021 Corporate Incentive Compensation Plan (CICP), Mr. Trefler elected to receive half of his annual bonus in RSUs. |
| 7 | Derivative | Restricted Stock Units | 2022-03-03 | M | D | 1,393 | $0.00 | 16,717 | D | $0.00 · 2021-03-03 to — | 1,393 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 March 3, 2022. The original grant was 27,862 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. |
| 8 | Derivative | Restricted Stock Units | 2022-03-02 | M | D | 2,235 | $0.00 | 0 | D | $0.00 · 2022-03-02 to — | 2,235 Common stock | (F6) Each restricted stock unit represents the right to receive, following vesting, one share of the issuer's common stock. (F1) Represents 100% vesting on March 2, 2022. The original grant was 2,235 restricted stock units, which were granted on March 2, 2021. As part of the Company's 2021 Corporate Incentive Compensation Plan (CICP), Mr. Trefler elected to receive half of his annual bonus in RSUs. (F7) Once vested, the shares of common stock are not subject to expiration. |
| 9 | Derivative | Stock Options | 2022-03-01 | A | A | 240,030 | $0.00 | 240,030 | D | $85.40 · 2023-03-01 to 2032-03-01 | 240,030 Common stock | (F5) Options will vest 20% on March 2, 2022, with the remaining 80% vesting in equal quarterly installments over the remaining four years. |
| 10 | Derivative | Restricted Stock Units | 2022-03-02 | M | D | 4,995 | $0.00 | 19,981 | D | $0.00 · 2022-03-02 to — | 4,995 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 20% vesting on March 2, 2022. The original grant was 24,976 restricted stock units, with 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. |