Form 4 for PEGA PEGASYSTEMS INC
Accepted 2023-12-08 00:00:00 ET · period of report 2023-12-06 · accession 0001013857-23-000225 · 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 | TREFLER ALAN | CEO, COB, 10% | F - Tax | $52.63 | -944 | 24.78M | -0.0% | -$49.7K |
| D | 2023-12-08 | 2023-12-06 | PEGA | TREFLER ALAN | CEO, COB, 10% | M - OptEx | $0.00 | +1,952 | 24.78M | +0.0% | $0 |
| D | 2023-12-08 | 2023-12-06 | PEGA | TREFLER ALAN | CEO, COB, 10% | M - OptEx | $0.00 | -1,952 | 1,951 | -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 | F | D | 944 | $52.63 | 24,776,856 | D | — | — | (F2) Tendered to issuer to satisfy tax withholding obligations of the reporting person, exempted pursuant to Rule 16b-3(e). (F3) Does not include shares of common stock subject to unvested restricted stock units and/or options awards. |
| 2 | Common | Common stock | 2023-12-06 | M | A | 1,952 | $0.00 | 24,777,800 | D | — | — | (F1) Represents a 5% vesting on December 6, 2023. The original grant was 39,026 restricted stock units, with 20% vesting on March 6, 2020, and the remaining 80% vesting in equal quarterly installments over the remaining four years. |
| 3 | Derivative | Restricted Stock Units | 2023-12-06 | M | D | 1,952 | $0.00 | 1,951 | D | $0.00 · 2020-03-06 to — | 1,952 Common stock | (F4) 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 December 6, 2023. The original grant was 39,026 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. |