KAPLAN STEVEN F 4
4 · PEGASYSTEMS INC · Filed Mar 23, 2018
Insider Transaction Report
Form 4
PEGASYSTEMS INCPEGA
KAPLAN STEVEN F
Director
Transactions
- Exercise/Conversion
Common Stock
2018-03-21+522→ 54,776 total - Exercise/Conversion
Restricted Stock Units
2018-03-21−522→ 0 totalExercise: $0.00From: 2017-06-21→ Common Stock (522 underlying)
Footnotes (3)
- [F1]Represents 25% vesting on March 21, 2018. 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 the issuer's common stock.
- [F3]Once vested, the shares of common stock are not subject to expiration.