Form 4 for PEGA PEGASYSTEMS INC
Accepted 2024-02-22 00:00:00 ET · period of report 2024-02-20 · accession 0001013857-24-000031 · 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 | 2024-02-22 | 2024-02-20 | PEGA | KOUNINIS EFSTATHIOS A | CAO, VP of Fin | S - Sale+OE | $64.75 | -395 | 0 | -100% | -$25.6K |
| D | 2024-02-22 | 2024-02-20 | PEGA | KOUNINIS EFSTATHIOS A | CAO, VP of Fin | M - OptEx | $33.90 | +1,180 | 1,180 | New | +$40.0K |
| D | 2024-02-22 | 2024-02-20 | PEGA | KOUNINIS EFSTATHIOS A | CAO, VP of Fin | F - Tax | $64.75 | -785 | 395 | -67% | -$50.8K |
| D | 2024-02-22 | 2024-02-20 | PEGA | KOUNINIS EFSTATHIOS A | CAO, VP of Fin | M - OptEx | $0.00 | -1,180 | 13.0K | -8% | $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 | 2024-02-20 | S | D | 395 | $64.75 | 0 | D | — | — | (F2) Does not include shares of common stock subject to unvested restricted stock units and/or options awards. |
| 2 | Common | Common stock | 2024-02-20 | M | A | 1,180 | $33.90 | 1,180 | D | — | — | |
| 3 | Common | Common stock | 2024-02-20 | F | D | 785 | $64.75 | 395 | D | — | — | (F1) Represents the exercise price of the stock options referenced in Table II and Mr. Kouninis's tax liability, which were paid by way of the Company withholding shares of equal value. |
| 4 | Derivative | Stock Options | 2024-02-20 | M | D | 1,180 | $0.00 | 12,980 | D | $33.90 · 2023-02-02 to 2032-11-02 | 1,180 Common stock | (F3) Options will vest in equal quarterly installments over a four year period. The first vest occurred on February 2, 2023. |