Form 4 for PEGA PEGASYSTEMS INC
Accepted 2024-09-04 00:00:00 ET · period of report 2024-09-03 · accession 0001013857-24-000202 · 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 | 2024-09-04 | 2024-09-03 | PEGA | Trefler Leon | Chief of Clients, Markets | S - Sale+OE | $70.41 | -752 | 37.7K | -2% | -$52.9K |
| DM | 2024-09-04 | 2024-09-03 | PEGA | Trefler Leon | Chief of Clients, Markets | M - OptEx | $0.00 | +1,114 | 38.5K | +3% | $0 |
| DM | 2024-09-04 | 2024-09-03 | PEGA | Trefler Leon | Chief of Clients, Markets | F - Tax | $70.88 | -440 | 38.3K | -1% | -$31.2K |
| DM | 2024-09-04 | 2024-09-03 | PEGA | Trefler Leon | Chief of Clients, Markets | M - OptEx | $0.00 | -1,114 | 669 | -62% | $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 | 2024-09-03 | S | D | 752 | $70.41 | 37,660 | D | — | — | (F1) Sold pursuant to a pre-arranged trading plan adopted by Mr. Trefler November 19, 2023 under Rule 10b5-1 of the Securities Exchange Act of 1934, as amended. |
| 2 | Common | Common stock | 2024-09-03 | M | A | 588 | $0.00 | 38,248 | D | — | — | (F2) Represents a 5% vesting on September 1, 2024, with a release date of September 3, 2024, the first business day following vesting. The original grant was 11,754 restricted stock units, with 20% vesting on March 1, 2023, with the remaining 80% vesting in equal quarterly installments over the remaining four years. |
| 3 | Common | Common stock | 2024-09-03 | F | D | 232 | $70.88 | 38,016 | D | — | — | (F3) Tendered to issuer to satisfy tax withholding obligations of the reporting person, exempted pursuant to Rule 16b-3(e). |
| 4 | Common | Common stock | 2024-09-03 | M | A | 192 | $0.00 | 38,208 | D | — | — | (F4) Represents a 5% vesting on September 2, 2024, with a release date of September 3, 2024, the first business day following vesting. The original grant was 3,843 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 | 2024-09-03 | F | D | 76 | $70.88 | 38,132 | D | — | — | (F3) Tendered to issuer to satisfy tax withholding obligations of the reporting person, exempted pursuant to Rule 16b-3(e). |
| 6 | Common | Common stock | 2024-09-03 | F | D | 132 | $70.88 | 38,334 | D | — | — | (F3) Tendered to issuer to satisfy tax withholding obligations of the reporting person, exempted pursuant to Rule 16b-3(e). (F6) Does not include shares of common stock subject to unvested restricted stock units and/or options awards. |
| 7 | Common | Common stock | 2024-09-03 | M | A | 334 | $0.00 | 38,466 | D | — | — | (F5) Represents a 5% vesting on September 3, 2024. The original grant was 6,687 restricted stock units, with 20% vesting on March 3, 2021, with the remaining 80% vesting in equal quarterly installments over the remaining four years. |
| 8 | Derivative | Restricted Stock Units | 2024-09-03 | M | D | 588 | $0.00 | 5,877 | D | $0.00 · 2023-03-01 to — | 588 Common stock | (F7) Each restricted stock unit represents the right to receive, following vesting, one share of the issuer's common stock. (F2) Represents a 5% vesting on September 1, 2024, with a release date of September 3, 2024, the first business day following vesting. The original grant was 11,754 restricted stock units, with 20% vesting on March 1, 2023, with the remaining 80% vesting in equal quarterly installments over the remaining four years. (F8) Once vested, the shares of common stock are not subject to expiration. |
| 9 | Derivative | Restricted Stock Units | 2024-09-03 | M | D | 192 | $0.00 | 1,153 | D | $0.00 · 2022-03-02 to — | 192 Common stock | (F7) 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 September 2, 2024, with a release date of September 3, 2024, the first business day following vesting. The original grant was 3,843 restricted stock units, with 20% vesting on March 2, 2022, with the remaining 80% vesting in equal quarterly installments over the remaining four years. (F8) Once vested, the shares of common stock are not subject to expiration. |
| 10 | Derivative | Restricted Stock Units | 2024-09-03 | M | D | 334 | $0.00 | 669 | D | $0.00 · 2021-03-03 to — | 334 Common stock | (F7) Each restricted stock unit represents the right to receive, following vesting, one share of the issuer's common stock. (F5) Represents a 5% vesting on September 3, 2024. The original grant was 6,687 restricted stock units, with 20% vesting on March 3, 2021, with the remaining 80% vesting in equal quarterly installments over the remaining four years. (F8) Once vested, the shares of common stock are not subject to expiration. |