Dynes Craig A 4
4 · PEGASYSTEMS INC · Filed Mar 11, 2013
Insider Transaction Report
Form 4
PEGASYSTEMS INCPEGA
Dynes Craig A
CFO and Senior VP
Transactions
- Exercise/Conversion
Restricted Stock Units
2013-03-11−293→ 881 totalExercise: $0.00From: 2009-12-11→ Common Stock (5,870 underlying) - Tax Payment
Common Stock
2013-03-11$28.00/sh−96$2,688→ 197 total - Exercise/Conversion
Common Stock
2013-03-11+293→ 293 total
Footnotes (3)
- [F1]Represents 5% quarterly vesting on March 11, 2013. Original grant was 5,870 RSUs, with 20% vested on December 11, 2009, 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.