Dynes Craig A 4
4 · PEGASYSTEMS INC · Filed Mar 5, 2013
Insider Transaction Report
Form 4
PEGASYSTEMS INCPEGA
Dynes Craig A
CFO and Senior VP
Transactions
- Exercise/Conversion
Common Stock
2013-03-01+35→ 7,879 total - Tax Payment
Common Stock
2013-03-01$27.39/sh−14$383→ 7,865 total - Exercise/Conversion
Restricted Stock Units
2013-03-01−35→ 280 totalExercise: $0.00From: 2011-03-01→ Common Stock (700 underlying)
Footnotes (3)
- [F1]Represents 5% quarterly vesting on March 1, 2013. Original grant was 700 RSUs, with 20% vested on March 1, 2011, and the remaining 80% vesting in equal quarterly installments over the remaining four years.
- [F2]Each restricted stock unit represents the right to receive, following vesting, one share of Pegasystems Inc.'s common stock.
- [F3]Once vested, the shares of common stock are not subject to expiration.