Form 4 for PEGA PEGASYSTEMS INC
Accepted 2024-08-23 00:00:00 ET · period of report 2024-08-21 · accession 0001013857-24-000186 · 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 | 2024-08-23 | 2024-08-21 | PEGA | STILLWELL KENNETH | COO, CFO | M - OptEx | $33.90 | +10.0K | 28.2K | +55% | +$339.0K |
| D | 2024-08-23 | 2024-08-21 | PEGA | STILLWELL KENNETH | COO, CFO | F - Tax | $67.51 | -6,981 | 21.2K | -25% | -$471.3K |
| D | 2024-08-23 | 2024-08-21 | PEGA | STILLWELL KENNETH | COO, CFO | S - Sale+OE | $67.55 | -3,019 | 18.2K | -14% | -$203.9K |
| D | 2024-08-23 | 2024-08-21 | PEGA | STILLWELL KENNETH | COO, CFO | M - OptEx | $0.00 | -10.0K | 132.6K | -7% | $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 | 2024-08-21 | M | A | 10,000 | $33.90 | 28,197 | D | — | — | |
| 2 | Common | Common stock | 2024-08-21 | F | D | 6,981 | $67.51 | 21,216 | D | — | — | (F1) Represents the exercise price of the stock options referenced in Table II and Mr. Stillwell's tax liability, which were paid by way of the Company withholding shares of equal value. |
| 3 | Common | Common stock | 2024-08-21 | S | D | 3,019 | $67.55 | 18,197 | D | — | — | (F2) Does not include shares of common stock subject to unvested restricted stock units and/or options awards. |
| 4 | Derivative | Stock Options | 2024-08-21 | M | D | 10,000 | $0.00 | 132,560 | D | $33.90 · 2023-02-02 to 2032-11-02 | 10,000 Common stock | (F3) Options will vest in equal quarterly installments over a four year period. The first vest occurred on February 2, 2023. |