Form 4 for PEGA PEGASYSTEMS INC
Accepted 2023-03-03 00:00:00 ET · period of report 2023-03-01 · accession 0001013857-23-000029 · 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 | 2023-03-03 | 2023-03-01 | PEGA | Higgins John Gerard | Chief, Client, Partner Success | F - Tax | $46.38 | -2,386 | 3,207 | -43% | -$110.7K |
| DM | 2023-03-03 | 2023-03-01 | PEGA | Higgins John Gerard | Chief, Client, Partner Success | M - OptEx | $0.00 | +4,272 | 4,355 | +5,147% | $0 |
| DM | 2023-03-03 | 2023-03-01 | PEGA | Higgins John Gerard | Chief, Client, Partner Success | M - OptEx | $0.00 | -4,272 | 5,520 | -44% | $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 | 2023-03-01 | F | D | 257 | $46.38 | 3,981 | D | — | — | |
| 2 | Common | Common stock | 2023-03-01 | M | A | 92 | $0.00 | 4,073 | D | — | — | (F4) Represents a 5% vesting on March 1, 2023. The original grant was 1,842 restricted stock units with 20% vesting on March 1, 2022 with the remaining 80% vesting in 5% equal quarterly installments over the remaining four years. |
| 3 | Common | Common stock | 2023-03-01 | F | D | 52 | $46.38 | 4,021 | D | — | — | |
| 4 | Common | Common stock | 2023-03-01 | M | A | 369 | $0.00 | 4,390 | D | — | — | (F5) Represents a 20% vesting on March 1, 2023. The original grant was 1,844 restricted stock units, with the remaining 80% will vest in 5% equal quarterly installments over the remaining four years. |
| 5 | Common | Common stock | 2023-03-01 | F | D | 206 | $46.38 | 4,184 | D | — | — | (F6) Does not include shares of common stock subject to unvested restricted stock units and/or options awards. |
| 6 | Common | Common stock | 2023-03-01 | M | A | 460 | $0.00 | 4,238 | D | — | — | (F3) Represents a 5% vesting on March 1, 2023. The original grant was 9,207 restricted stock units with 5% vesting on June 1, 2021, with the remaining 95% vesting in 5% quarterly installments. |
| 7 | Common | Common stock | 2023-03-01 | F | D | 723 | $46.38 | 3,778 | D | — | — | |
| 8 | Common | Common stock | 2023-03-01 | M | A | 1,294 | $0.00 | 4,501 | D | — | — | (F2) Represents 100% vesting on March 1, 2023. The original grant was 1,294 restricted stock units, which were granted on March 1, 2022. As part of the Company's 2022 Corporate Incentive Compensation Plan (CICP), Mr. Higgins elected to receive half of his annual bonus in RSUs. |
| 9 | Common | Common stock | 2023-03-01 | F | D | 1,148 | $46.38 | 3,207 | D | — | — | |
| 10 | Common | Common stock | 2023-03-01 | M | A | 2,057 | $0.00 | 4,355 | D | — | — | (F1) Represents a 20% vesting on March 1, 2023. The original grant was 10,285 restricted stock units, with the remaining 80% will vest in 5% equal quarterly installments over the remaining four years. |
| 11 | Derivative | Restricted Stock Units | 2023-03-01 | M | D | 1,294 | $0.00 | 0 | D | $0.00 · 2023-03-01 to — | 1,294 Common stock | (F7) 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 1, 2023. The original grant was 1,294 restricted stock units, which were granted on March 1, 2022. As part of the Company's 2022 Corporate Incentive Compensation Plan (CICP), Mr. Higgins elected to receive half of his annual bonus in RSUs. (F8) Once vested, the shares of common stock are not subject to expiration. |
| 12 | Derivative | Restricted Stock Units | 2023-03-01 | M | D | 92 | $0.00 | 1,105 | D | $0.00 · 2022-03-01 to — | 92 Common stock | (F7) 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 1, 2023. The original grant was 1,842 restricted stock units with 20% vesting on March 1, 2022 with the remaining 80% vesting in 5% equal quarterly installments over the remaining four years. (F8) Once vested, the shares of common stock are not subject to expiration. |
| 13 | Derivative | Restricted Stock Units | 2023-03-01 | M | D | 369 | $0.00 | 1,475 | D | $0.00 · 2023-03-01 to — | 369 Common stock | (F7) Each restricted stock unit represents the right to receive, following vesting, one share of the issuer's common stock. (F5) Represents a 20% vesting on March 1, 2023. The original grant was 1,844 restricted stock units, with the remaining 80% will vest in 5% 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 | 2023-03-01 | M | D | 2,057 | $0.00 | 8,228 | D | $0.00 · 2023-03-01 to — | 2,057 Common stock | (F7) Each restricted stock unit represents the right to receive, following vesting, one share of the issuer's common stock. (F1) Represents a 20% vesting on March 1, 2023. The original grant was 10,285 restricted stock units, with the remaining 80% will vest in 5% equal quarterly installments over the remaining four years. (F8) Once vested, the shares of common stock are not subject to expiration. |
| 15 | Derivative | Restricted Stock Units | 2023-03-01 | M | D | 460 | $0.00 | 5,520 | D | $0.00 · 2021-06-01 to — | 460 Common stock | (F7) 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 1, 2023. The original grant was 9,207 restricted stock units with 5% vesting on June 1, 2021, with the remaining 95% vesting in 5% quarterly installments. (F8) Once vested, the shares of common stock are not subject to expiration. |