Dynes Craig A 4
4 · PEGASYSTEMS INC · Filed Mar 8, 2013
Insider Transaction Report
Form 4
PEGASYSTEMS INCPEGA
Dynes Craig A
CFO and Senior VP
Transactions
- Exercise/Conversion
Restricted Stock Units
2013-03-07−559→ 2,239 totalExercise: $0.00From: 2013-03-07→ Common Stock (2,798 underlying) - Tax Payment
Common Stock
2013-03-07$28.04/sh−183$5,131→ 1,675 total - Exercise/Conversion
Common Stock
2013-03-07+559→ 1,858 total
Footnotes (3)
- [F1]Represents 20% first-year vesting on March 7, 2013. Original grant was 2,798 RSUs, with 20% vested on March 7, 2013, 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.