Form 4 for PEGA PEGASYSTEMS INC
Accepted 2024-11-13 00:00:00 ET · period of report 2024-11-11 · accession 0001013857-24-000245 · 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 | 2024-11-13 | 2024-11-11 | PEGA | KOUNINIS EFSTATHIOS A | CAO, VP of Fin | M - OptEx | $44.30 | +1,000 | 1,000 | New | +$44.3K |
| D | 2024-11-13 | 2024-11-11 | PEGA | KOUNINIS EFSTATHIOS A | CAO, VP of Fin | F - Tax | $88.00 | -625 | 375 | -62% | -$55.0K |
| D | 2024-11-13 | 2024-11-11 | PEGA | KOUNINIS EFSTATHIOS A | CAO, VP of Fin | S - Sale+OE | $88.00 | -375 | 0 | -100% | -$33.0K |
| D | 2024-11-13 | 2024-11-11 | PEGA | KOUNINIS EFSTATHIOS A | CAO, VP of Fin | M - OptEx | $0.00 | -1,000 | 4,003 | -20% | $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 | 2024-11-11 | M | A | 1,000 | $44.30 | 1,000 | D | — | — | |
| 2 | Common | Common stock | 2024-11-11 | F | D | 625 | $88.00 | 375 | 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. |
| 3 | Common | Common stock | 2024-11-11 | S | D | 375 | $88.00 | 0 | D | — | — | (F2) Does not include shares of common stock subject to unvested restricted stock units and/or options awards. |
| 4 | Derivative | Stock Options | 2024-11-11 | M | D | 1,000 | $0.00 | 4,003 | D | $44.30 · 2018-03-02 to 2027-03-02 | 1,000 Common stock | (F3) 20% of award vests one year after grant. Remaining 80% vests in equal quarterly installments over the following four years. |