Dynes Craig A 4
4 · PEGASYSTEMS INC · Filed Mar 19, 2013
Insider Transaction Report
Form 4
PEGASYSTEMS INCPEGA
Dynes Craig A
CFO and Senior VP
Transactions
- Exercise/Conversion
Common Stock
2013-03-17+142→ 386 total - Tax Payment
Common Stock
2013-03-17$28.52/sh−47$1,340→ 339 total - Exercise/Conversion
Restricted Stock Units
2013-03-17−142→ 1,702 totalExercise: $0.00From: 2012-03-17→ Common Stock (2,836 underlying)
Footnotes (3)
- [F1]Represents 5% quarterly vesting on March 17, 2013. Original grant was 2,836 RSUs, with 20% vested on March 17, 2012, 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.