Form 4 for PEGA PEGASYSTEMS INC
Accepted 2024-03-05 00:00:00 ET · period of report 2024-03-01 · accession 0001013857-24-000044 · 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 | 2024-03-05 | 2024-03-01+ | PEGA | STILLWELL KENNETH | COO, CFO | F - Tax | $65.86 | -965 | 16.7K | -5% | -$63.6K |
| DM | 2024-03-05 | 2024-03-01+ | PEGA | STILLWELL KENNETH | COO, CFO | M - OptEx | $0.00 | +2,448 | 17.2K | +17% | $0 |
| DM | 2024-03-05 | 2024-03-01 | PEGA | STILLWELL KENNETH | COO, CFO | S - Sale+OE | $66.43 | -2,000 | 16.8K | -11% | -$132.9K |
| DM | 2024-03-05 | 2024-03-01+ | PEGA | STILLWELL KENNETH | COO, CFO | M - OptEx | $0.00 | -2,448 | 14.1K | -15% | $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 | 2024-03-04 | F | D | 275 | $66.61 | 17,483 | D | — | — | (F5) Tendered to issuer to satisfy tax withholding obligations of the reporting person, exempted pursuant to Rule 16b-3(e). (F8) Does not include shares of common stock subject to unvested restricted stock units and/or options awards. |
| 2 | Common | Common stock | 2024-03-04 | M | A | 697 | $0.00 | 17,758 | D | — | — | (F7) Represents a 5% vesting on March 3, 2024, with a release date of March 4, 2024, the first business day following vesting. The original grant was 13,931 restricted stock units, with 20% vesting on March 3, 2021, and the remaining 80% vesting in equal quarterly installments over the remaining four years. |
| 3 | Common | Common stock | 2024-03-04 | F | D | 227 | $66.61 | 17,061 | D | — | — | (F5) Tendered to issuer to satisfy tax withholding obligations of the reporting person, exempted pursuant to Rule 16b-3(e). |
| 4 | Common | Common stock | 2024-03-04 | M | A | 576 | $0.00 | 17,288 | D | — | — | (F6) Represents a 5% vesting on March 2, 2024, with a release date of March 4, 2024, the first business day following vesting. The original grant was 11,527 restricted stock units, with 20% vesting on March 2, 2022, with the remaining 80% vesting in equal quarterly installments over the remaining four years. |
| 5 | Common | Common stock | 2024-03-01 | S | D | 200 | $64.50 | 17,800 | D | — | — | (F1) Sold pursuant to a pre-arranged trading plan adopted by Mr. Stillwell November 8, 2023 under Rule 10b5-1 of the Securities Exchange Act of 1934, as amended. |
| 6 | Common | Common stock | 2024-03-01 | M | A | 1,175 | $0.00 | 17,175 | D | — | — | (F4) Represents a 5% vesting on March 1, 2024. The original grant was 23,508 restricted stock units, with 20% vesting on March 1, 2023 with the remaining 80% vesting in equal quarterly installments over the remaining four years. |
| 7 | Common | Common stock | 2024-03-01 | S | D | 811 | $66.92 | 16,000 | D | — | — | (F1) Sold pursuant to a pre-arranged trading plan adopted by Mr. Stillwell November 8, 2023 under Rule 10b5-1 of the Securities Exchange Act of 1934, as amended. (F3) Represents the weighted average of sale prices, ranging from $66.78 to $67.28. The individual has provided the Company, and undertakes to provide to the staff of the Security and Exchange Commission or any security holder of the Company, upon request, full information regarding the number of shares sold at each separate price. |
| 8 | Common | Common stock | 2024-03-01 | S | D | 989 | $66.42 | 16,811 | D | — | — | (F1) Sold pursuant to a pre-arranged trading plan adopted by Mr. Stillwell November 8, 2023 under Rule 10b5-1 of the Securities Exchange Act of 1934, as amended. (F2) Represents the weighted average of sale prices, ranging from $65.78 to $66.77. The individual has provided the Company, and undertakes to provide to the staff of the Security and Exchange Commission or any security holder of the Company, upon request, full information regarding the number of shares sold at each separate price. |
| 9 | Common | Common stock | 2024-03-01 | F | D | 463 | $65.04 | 16,712 | D | — | — | (F5) Tendered to issuer to satisfy tax withholding obligations of the reporting person, exempted pursuant to Rule 16b-3(e). |
| 10 | Derivative | Restricted Stock Units | 2024-03-04 | M | D | 576 | $0.00 | 4,611 | D | $0.00 · 2022-03-02 to — | 576 Common stock | (F9) Each restricted stock unit represents the right to receive, following vesting, one share of the issuer's common stock. (F6) Represents a 5% vesting on March 2, 2024, with a release date of March 4, 2024, the first business day following vesting. The original grant was 11,527 restricted stock units, with 20% vesting on March 2, 2022, with the remaining 80% vesting in equal quarterly installments over the remaining four years. (F10) Once vested, the shares of common stock are not subject to expiration. |
| 11 | Derivative | Restricted Stock Units | 2024-03-04 | M | D | 697 | $0.00 | 2,786 | D | $0.00 · 2021-03-03 to — | 697 Common stock | (F9) Each restricted stock unit represents the right to receive, following vesting, one share of the issuer's common stock. (F7) Represents a 5% vesting on March 3, 2024, with a release date of March 4, 2024, the first business day following vesting. The original grant was 13,931 restricted stock units, with 20% vesting on March 3, 2021, and the remaining 80% vesting in equal quarterly installments over the remaining four years. (F10) Once vested, the shares of common stock are not subject to expiration. |
| 12 | Derivative | Restricted Stock Units | 2024-03-01 | M | D | 1,175 | $0.00 | 14,105 | D | $0.00 · 2023-03-01 to — | 1,175 Common stock | (F9) 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 March 1, 2024. The original grant was 23,508 restricted stock units, with 20% vesting on March 1, 2023 with the remaining 80% vesting in equal quarterly installments over the remaining four years. (F10) Once vested, the shares of common stock are not subject to expiration. |