PEGASYSTEMS INC 4
4 · PEGASYSTEMS INC · Filed Jun 14, 2016
Insider Transaction Report
Form 4
PEGASYSTEMS INCPEGA
WYMAN WILLIAM W
Director
Transactions
- Exercise/Conversion
Common Stock
2016-06-10$27.16/sh+1,151$31,261→ 32,290 total - Exercise/Conversion
Restricted Stock Units
2016-06-10+4,603→ 4,603 totalExercise: $0.00From: 2016-06-10→ Common Stock (4,603 underlying) - Exercise/Conversion
Restricted Stock Units
2016-06-10−1,151→ 3,452 totalExercise: $0.00From: 2016-06-10→ Common Stock (4,603 underlying)
Footnotes (4)
- [F1]Represents 25% vesting on June 10, 2016. Original grant was 4,603 restricted stock units (RSUs). The remaining 75% vests in equal quarterly installments over the next three quarters.
- [F2]Each RSU represents the right to receive, following vesting, one share of Pegasystems Inc.'s common stock.
- [F3]Represents a grant of 4,603 RSUs on June 10, 2016, in consideration for Mr. Wyman's service as a member of the Company's Board of Directors. These RSUs will vest in equal quarterly amounts with 25% vesting on the grant date, and the remaining 75% vesting over the next three quarters.
- [F4]Once vested, the shares of common stock are not subject to expiration.