Form 4 for PEGA PEGASYSTEMS INC
Accepted 2023-09-08 00:00:00 ET · period of report 2023-09-06 · accession 0001013857-23-000181 · 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 | 2023-09-08 | 2023-09-06 | PEGA | KOUNINIS EFSTATHIOS A | CAO, VP of Fin | M - OptEx | $0.00 | +98 | 272 | +56% | $0 |
| D | 2023-09-08 | 2023-09-06 | PEGA | KOUNINIS EFSTATHIOS A | CAO, VP of Fin | F - Tax | $49.41 | -24 | 248 | -9% | -$1,186 |
| D | 2023-09-08 | 2023-09-06 | PEGA | KOUNINIS EFSTATHIOS A | CAO, VP of Fin | M - OptEx | $0.00 | -98 | 195 | -33% | $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 | 2023-09-06 | M | A | 98 | $0.00 | 272 | D | — | — | (F1) Represents a 5% vesting on September 6, 2023. The original grant was 1,952 restricted stock units, with 20% vesting on March 6, 2020, and the remaining 80% vesting in equal quarterly installments over the remaining four years. |
| 2 | Common | Common stock | 2023-09-06 | F | D | 24 | $49.41 | 248 | D | — | — | (F2) Does not include shares of common stock subject to unvested restricted stock units and/or options awards. |
| 3 | Derivative | Restricted Stock Units | 2023-09-06 | M | D | 98 | $0.00 | 195 | D | $0.00 · 2020-03-06 to — | 0 Common stock | (F3) 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 6, 2023. The original grant was 1,952 restricted stock units, with 20% vesting on March 6, 2020, and the remaining 80% vesting in equal quarterly installments over the remaining four years. (F4) Once vested, the shares of common stock are not subject to expiration. |