LAFOND CHRISTOPHER 4
4 · PEGASYSTEMS INC · Filed May 3, 2019
Insider Transaction Report
Form 4
PEGASYSTEMS INCPEGA
LAFOND CHRISTOPHER
Director
Transactions
- Exercise/Conversion
Common Stock
2019-05-01+297→ 297 total - Exercise/Conversion
Restricted Stock Units
2019-05-01−297→ 0 totalExercise: $0.00From: 2019-05-01→ Common Stock (297 underlying) - Exercise/Conversion
Restricted Stock Units
2019-05-01+297→ 297 totalExercise: $0.00From: 2019-05-01→ Common Stock (297 underlying)
Footnotes (4)
- [F1]Represents full vesting on May 1, 2019, following Mr. Lafond's appointment to the Board on April 22, 2019. The original grant was 297 Restricted Stock Units, vesting immediately.
- [F2]Each restricted stock unit represents the right to receive, following vesting, one share of the issuer's common stock.
- [F3]Represents shares of restricted common stock received as consideration for Mr. Lafond's services as a Director. The exact cash value was pro-rated to reflect the number of days of expected service from April 22, 2019, the start of his service, to the next Annual Meeting of Stockholders on June 25, 2019.
- [F4]Once vested, the shares of common stock are not subject to expiration.