Form 4 for PEGA PEGASYSTEMS INC
Accepted 2023-06-05 00:00:00 ET · period of report 2023-06-01 · accession 0001013857-23-000103 · 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 | 2023-06-05 | 2023-06-01 | PEGA | Higgins John Gerard | Chief, Client, Partner Success | M - OptEx | $0.00 | +1,158 | 4,922 | +31% | $0 |
| DM | 2023-06-05 | 2023-06-01 | PEGA | Higgins John Gerard | Chief, Client, Partner Success | F - Tax | $48.36 | -648 | 4,665 | -12% | -$31.3K |
| DM | 2023-06-05 | 2023-06-01 | PEGA | Higgins John Gerard | Chief, Client, Partner Success | M - OptEx | $0.00 | -1,158 | 1,013 | -53% | $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 | 2023-06-01 | M | A | 514 | $0.00 | 5,259 | D | — | — | (F4) Represents a 5% vesting on June 1, 2023. The original grant was 10,285 restricted stock units, with 20% vesting on March 1, 2023 with the remaining 80% vesting in 5% equal quarterly installments over the remaining four years. |
| 2 | Common | Common stock | 2023-06-01 | F | D | 287 | $48.36 | 4,972 | D | — | — | (F5) Does not include shares of common stock subject to unvested restricted stock units and/or options awards. Includes shares acquired on March 31, 2023 pursuant to the company's employee stock purchase plan. |
| 3 | Common | Common stock | 2023-06-01 | F | D | 52 | $48.36 | 4,745 | D | — | — | |
| 4 | Common | Common stock | 2023-06-01 | M | A | 92 | $0.00 | 4,797 | D | — | — | (F3) Represents a 5% vesting on June 1, 2023. The original grant was 1,844 restricted stock units with 20% vesting on March 1, 2023 with the remaining 80% vesting in 5% equal quarterly installments over the remaining four years. |
| 5 | Common | Common stock | 2023-06-01 | F | D | 52 | $48.36 | 4,705 | D | — | — | |
| 6 | Common | Common stock | 2023-06-01 | M | A | 92 | $0.00 | 4,757 | D | — | — | (F2) Represents a 5% vesting on June 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. |
| 7 | Common | Common stock | 2023-06-01 | F | D | 257 | $48.36 | 4,665 | D | — | — | |
| 8 | Common | Common stock | 2023-06-01 | M | A | 460 | $0.00 | 4,922 | D | — | — | (F1) Represents a 5% vesting on June 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. |
| 9 | Derivative | Restricted Stock Units | 2023-06-01 | M | D | 460 | $0.00 | 5,060 | D | $0.00 · 2021-06-01 to — | 0 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 June 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. (F7) Once vested, the shares of common stock are not subject to expiration. |
| 10 | Derivative | Restricted Stock Units | 2023-06-01 | M | D | 514 | $0.00 | 7,714 | D | $0.00 · 2023-03-01 to — | 0 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 June 1, 2023. The original grant was 10,285 restricted stock units, with 20% vesting on March 1, 2023 with the remaining 80% vesting in 5% equal quarterly installments over the remaining four years. (F7) Once vested, the shares of common stock are not subject to expiration. |
| 11 | Derivative | Restricted Stock Units | 2023-06-01 | M | D | 92 | $0.00 | 1,383 | D | $0.00 · 2023-03-01 to — | 0 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 June 1, 2023. The original grant was 1,844 restricted stock units with 20% vesting on March 1, 2023 with the remaining 80% vesting in 5% equal quarterly installments over the remaining four years. (F7) Once vested, the shares of common stock are not subject to expiration. |
| 12 | Derivative | Restricted Stock Units | 2023-06-01 | M | D | 92 | $0.00 | 1,013 | D | $0.00 · 2022-03-01 to — | 0 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 June 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. (F7) Once vested, the shares of common stock are not subject to expiration. |