4//SEC Filing
PYLE MICHAEL R 4
Accession 0001013857-22-000071
CIK 0001013857other
Filed
Mar 8, 7:00 PM ET
Accepted
Mar 9, 4:38 PM ET
Size
18.9 KB
Accession
0001013857-22-000071
Insider Transaction Report
Form 4
PEGASYSTEMS INCPEGA
PYLE MICHAEL R
Senior VP, Engineering
Transactions
- Tax Payment
Common stock
2022-03-07$82.21/sh−92$7,563→ 9,670 total - Exercise/Conversion
Restricted Stock Units
2022-03-07−311→ 1,248 totalExercise: $0.00From: 2020-03-06→ Common stock (311 underlying) - Exercise/Conversion
Common stock
2022-03-08$20.49/sh+30,365$622,179→ 40,035 total - Exercise/Conversion
Common stock
2022-03-08$25.20/sh+23,530$592,956→ 47,084 total - Exercise/Conversion
Stock Options
2022-03-08−30,365→ 0 totalExercise: $20.49From: 2016-03-02Exp: 2025-03-02→ Common stock (30,365 underlying) - Exercise/Conversion
Common stock
2022-03-07+311→ 9,762 total - Tax Payment
Common stock
2022-03-08$79.08/sh−16,481$1,303,317→ 23,554 total - Tax Payment
Common stock
2022-03-08$79.08/sh−14,609$1,155,280→ 32,475 total - Exercise/Conversion
Stock Options
2022-03-08−23,530→ 0 totalExercise: $25.20From: 2017-03-09Exp: 2026-03-09→ Common stock (23,530 underlying)
Footnotes (7)
- [F1]Represents a 5% vesting on March 6, 2022, with a release date of March 7, 2022, the first business day following vesting. The original grant was 4,681 restricted stock units, with 20% vesting on March 6, 2020, and the remaining 80% vesting in equal quarterly installments over the remaining four years.
- [F2]Represents the exercise price of the stock options referenced in Table II and Mr. Pyle's tax liability, which were paid by way of the Company withholding shares of equal value.
- [F3]Does not include shares of common stock subject to unvested restricted stock units and/or options awards.
- [F4]Each restricted stock unit represents the right to receive, following vesting, one share of the issuer's common stock.
- [F5]Once vested, the shares of common stock are not subject to expiration.
- [F6]Options vested 20% on March 2, 2016, with the remaining 80% vesting in equal quarterly installments over the next four years.
- [F7]Options vested 20% on March 9, 2017, with the remaining 80% vesting in equal quarterly installments over the next four years.
Documents
Issuer
PEGASYSTEMS INC
CIK 0001013857
Entity typeother
Related Parties
1- filerCIK 0001222579
Filing Metadata
- Form type
- 4
- Filed
- Mar 8, 7:00 PM ET
- Accepted
- Mar 9, 4:38 PM ET
- Size
- 18.9 KB