Form 4 for PEGA PEGASYSTEMS INC
Accepted 2023-09-06 00:00:00 ET · period of report 2023-09-01 · accession 0001013857-23-000173 · 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 | 2023-09-06 | 2023-09-01 | PEGA | Higgins John Gerard | Chief, Client, Partner Success | M - OptEx | $0.00 | +1,159 | 5,770 | +25% | $0 |
| DM | 2023-09-06 | 2023-09-01 | PEGA | Higgins John Gerard | Chief, Client, Partner Success | F - Tax | $49.66 | -649 | 5,482 | -11% | -$32.2K |
| DM | 2023-09-06 | 2023-09-01 | PEGA | Higgins John Gerard | Chief, Client, Partner Success | M - OptEx | $0.00 | -1,159 | 921 | -56% | $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 | 2023-09-01 | M | A | 460 | $0.00 | 5,432 | D | — | — | (F1) Represents a 5% vesting on September 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. |
| 2 | Common | Common stock | 2023-09-01 | F | D | 257 | $49.66 | 5,175 | D | — | — | |
| 3 | Common | Common stock | 2023-09-01 | M | A | 92 | $0.00 | 5,267 | D | — | — | (F2) Represents a 5% vesting on September 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. |
| 4 | Common | Common stock | 2023-09-01 | F | D | 52 | $49.66 | 5,215 | D | — | — | |
| 5 | Common | Common stock | 2023-09-01 | M | A | 92 | $0.00 | 5,307 | D | — | — | (F3) Represents a 5% vesting on September 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. |
| 6 | Common | Common stock | 2023-09-01 | F | D | 52 | $49.66 | 5,255 | D | — | — | |
| 7 | Common | Common stock | 2023-09-01 | M | A | 515 | $0.00 | 5,770 | D | — | — | (F4) Represents a 5% vesting on September 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. |
| 8 | Common | Common stock | 2023-09-01 | F | D | 288 | $49.66 | 5,482 | D | — | — | (F5) Does not include shares of common stock subject to unvested restricted stock units and/or options awards. |
| 9 | Derivative | Restricted Stock Units | 2023-09-01 | M | D | 515 | $0.00 | 7,199 | 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 September 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. |
| 10 | Derivative | Restricted Stock Units | 2023-09-01 | M | D | 92 | $0.00 | 1,291 | 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 September 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. |
| 11 | Derivative | Restricted Stock Units | 2023-09-01 | M | D | 460 | $0.00 | 4,600 | 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 September 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. |
| 12 | Derivative | Restricted Stock Units | 2023-09-01 | M | D | 92 | $0.00 | 921 | 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 September 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. |