Form 4 for PEGA PEGASYSTEMS INC
Accepted 2023-12-08 00:00:00 ET · period of report 2023-12-06 · accession 0001013857-23-000219 · 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 | 2023-12-08 | 2023-12-06 | PEGA | Akgonul Rifat Kerim | Chief Product Off | M - OptEx | $0.00 | +331 | 54.1K | +0.6% | $0 |
| D | 2023-12-08 | 2023-12-06 | PEGA | Akgonul Rifat Kerim | Chief Product Off | F - Tax | $52.63 | -98 | 54.0K | -0.2% | -$5,158 |
| D | 2023-12-08 | 2023-12-07 | PEGA | Akgonul Rifat Kerim | Chief Product Off | S - Sale+OE | $52.03 | -1,000 | 53.0K | -2% | -$52.0K |
| D | 2023-12-08 | 2023-12-06 | PEGA | Akgonul Rifat Kerim | Chief Product Off | M - OptEx | $0.00 | -331 | 332 | -50% | $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 | 2023-12-06 | M | A | 331 | $0.00 | 54,065 | D | — | — | (F1) Represents 5% vesting on December 6, 2023. The original grant was 6,635 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 | 2023-12-06 | F | D | 98 | $52.63 | 53,967 | D | — | — | (F2) Tendered to issuer to satisfy tax withholding obligations of the reporting person, exempted pursuant to Rule 16b-3(e). |
| 3 | Common | Common stock | 2023-12-07 | S | D | 1,000 | $52.03 | 52,967 | D | — | — | (F3) Does not include shares of common stock subject to unvested restricted stock units and/or options awards. |
| 4 | Derivative | Restricted Stock Units | 2023-12-06 | M | D | 331 | $0.00 | 332 | D | $0.00 · 2020-03-06 to — | 331 Common stock | (F4) Each restricted stock unit represents the right to receive, following vesting, one share of the issuer's common stock. (F1) Represents 5% vesting on December 6, 2023. The original grant was 6,635 restricted stock units, with 20% vesting on March 6, 2020, and the remaining 80% vesting in equal quarterly installments over the remaining four years. (F5) Once vested, the shares of common stock are not subject to expiration. |