KAPLAN STEVEN F 4
4 · PEGASYSTEMS INC · Filed Dec 26, 2017
Insider Transaction Report
Form 4
PEGASYSTEMS INCPEGA
KAPLAN STEVEN F
Director
Transactions
- Exercise/Conversion
Common Stock
2017-12-21+522→ 62,839 total - Exercise/Conversion
Restricted Stock Units
2017-12-21−522→ 522 totalExercise: $0.00From: 2017-06-21→ Common Stock (2,089 underlying)
Footnotes (3)
- [F1]Represents 25% vesting on December 21, 2017. Original grant was 2,089 restricted stock units, with 25% vesting immediately on June 21, 2017, and the remaining 75% vesting in equal quarterly installments over the remaining three quarters thereafter.
- [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.