Home/Filings/4/0001013857-22-000071
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
Period: 2022-03-07
PYLE MICHAEL R
Senior VP, Engineering
Transactions
  • Tax Payment

    Common stock

    2022-03-07$82.21/sh92$7,5639,670 total
  • Exercise/Conversion

    Restricted Stock Units

    2022-03-073111,248 total
    Exercise: $0.00From: 2020-03-06Common stock (311 underlying)
  • Exercise/Conversion

    Common stock

    2022-03-08$20.49/sh+30,365$622,17940,035 total
  • Exercise/Conversion

    Common stock

    2022-03-08$25.20/sh+23,530$592,95647,084 total
  • Exercise/Conversion

    Stock Options

    2022-03-0830,3650 total
    Exercise: $20.49From: 2016-03-02Exp: 2025-03-02Common stock (30,365 underlying)
  • Exercise/Conversion

    Common stock

    2022-03-07+3119,762 total
  • Tax Payment

    Common stock

    2022-03-08$79.08/sh16,481$1,303,31723,554 total
  • Tax Payment

    Common stock

    2022-03-08$79.08/sh14,609$1,155,28032,475 total
  • Exercise/Conversion

    Stock Options

    2022-03-0823,5300 total
    Exercise: $25.20From: 2017-03-09Exp: 2026-03-09Common 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.

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