Form 4 for PEGA PEGASYSTEMS INC
Accepted 2024-12-10 00:00:00 ET · period of report 2024-12-09 · accession 0001013857-24-000275 · 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 | 2024-12-10 | 2024-12-09 | PEGA | KOUNINIS EFSTATHIOS A | CAO, VP of Fin | F - Tax | $97.28 | -41 | 299 | -12% | -$3,988 |
| D | 2024-12-10 | 2024-12-09 | PEGA | KOUNINIS EFSTATHIOS A | CAO, VP of Fin | M - OptEx | $0.00 | +166 | 340 | +95% | $0 |
| D | 2024-12-10 | 2024-12-09 | PEGA | KOUNINIS EFSTATHIOS A | CAO, VP of Fin | M - OptEx | $0.00 | -166 | 1,496 | -10% | $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 | 2024-12-09 | F | D | 41 | $97.28 | 299 | 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. |
| 2 | Common | Common stock | 2024-12-09 | M | A | 166 | $0.00 | 340 | D | — | — | (F1) Represents a 5% vesting on December 7, 2024, with a release date of December 9, 2024, the first business day following vesting. The original grant was 2,660 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. |
| 3 | Derivative | Restricted Stock Units | 2024-12-09 | M | D | 166 | $0.00 | 1,496 | D | $0.00 · 2024-03-07 to — | 166 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 December 7, 2024, with a release date of December 9, 2024, the first business day following vesting. The original grant was 2,660 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. |