Dynes Craig A 4
4 · PEGASYSTEMS INC · Filed Mar 15, 2013
Insider Transaction Report
Form 4
PEGASYSTEMS INCPEGA
Dynes Craig A
CFO and Senior VP
Transactions
- Exercise/Conversion
Common Stock
2013-03-15+70→ 267 total - Tax Payment
Common Stock
2013-03-15$29.17/sh−23$671→ 244 total - Exercise/Conversion
Restricted Stock Units
2013-03-15−70→ 493 totalExercise: $0.00From: 2010-12-15→ Common Stock (1,407 underlying)
Footnotes (3)
- [F1]Represents 5% quarterly vesting on March 15, 2013. Original grant was 1,407 RSUs, with 20% vested on December 15, 2010, 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.