Form 4 for PEGA PEGASYSTEMS INC
Accepted 2022-11-04 00:00:00 ET · period of report 2022-11-02 · accession 0001013857-22-000185 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-11-04 | 2022-11-02 | PEGA | Trefler Leon | Chief of Clients, Markets | F - Tax | $34.06 | -6,713 | 27.4K | -20% | -$228.6K |
| D | 2022-11-04 | 2022-11-02 | PEGA | Trefler Leon | Chief of Clients, Markets | M - OptEx | $11.05 | +10.8K | 34.1K | +46% | +$118.9K |
| D | 2022-11-04 | 2022-11-02 | PEGA | Trefler Leon | Chief of Clients, Markets | A - Grant | $0.00 | +98.7K | 98.7K | New | $0 |
| D | 2022-11-04 | 2022-11-02 | PEGA | Trefler Leon | Chief of Clients, Markets | M - OptEx | $0.00 | -10.8K | 0 | -100% | $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 | 2022-11-02 | F | D | 6,713 | $34.06 | 27,435 | D | — | — | (F1) Represents the exercise price of the stock options referenced in Table II and Mr. Trefler's tax liability, which were paid by way of the Company withholding shares of equal value. (F2) Does not include shares of common stock subject to unvested restricted stock units and/or options awards. |
| 2 | Common | Common stock | 2022-11-02 | M | A | 10,756 | $11.05 | 34,148 | D | — | — | |
| 3 | Derivative | Stock Options | 2022-11-02 | A | A | 98,682 | $0.00 | 98,682 | D | $33.90 · 2023-02-02 to 2032-11-02 | 98,682 Common stock | (F3) Options will vest in equal quarterly installments over a four year period with the first vest occurring on February 2, 2023. |
| 4 | Derivative | Stock Options | 2022-11-02 | M | D | 10,756 | $0.00 | 0 | D | $11.05 · 2013-12-12 to 2022-12-12 | 10,756 Common stock | (F4) Options vested 20% on December 12, 2013, with the remaining 80% vesting in equal quarterly installments over the next four years. |