Form 4 for PEGA PEGASYSTEMS INC
Accepted 2024-06-11 00:00:00 ET · period of report 2024-06-07 · accession 0001013857-24-000127 · 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 | 2024-06-11 | 2024-06-07 | PEGA | Higgins John Gerard | Chief, Client, Partner Success | M - OptEx | $0.00 | +1,139 | 11.8K | +11% | $0 |
| D | 2024-06-11 | 2024-06-07 | PEGA | Higgins John Gerard | Chief, Client, Partner Success | F - Tax | $58.25 | -636 | 11.2K | -5% | -$37.0K |
| D | 2024-06-11 | 2024-06-07 | PEGA | Higgins John Gerard | Chief, Client, Partner Success | M - OptEx | $0.00 | -1,139 | 12.5K | -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 | 2024-06-07 | M | A | 1,139 | $0.00 | 11,832 | D | — | — | (F1) Represents a 5% vesting on June 7, 2024. The original grant was 18,227 restricted stock units, with a 25% vesting on March 7, 2024. The remaining 75% will vest in equal quarterly installments over the remaining three years. |
| 2 | Common | Common stock | 2024-06-07 | F | D | 636 | $58.25 | 11,196 | 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. |
| 3 | Derivative | Restricted Stock Units | 2024-06-07 | M | D | 1,139 | $0.00 | 12,531 | D | $0.00 · 2024-03-07 to — | 1,139 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 June 7, 2024. The original grant was 18,227 restricted stock units, with a 25% vesting on March 7, 2024. The remaining 75% will vest in equal quarterly installments over the remaining three years. (F5) Once vested, the shares of common stock are not subject to expiration. |