SEC Form 4 · accession 0001209191-15-016132
PEGASYSTEMS INC · PEGA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard H Jones
Director
Period of report
Feb 18, 2015
Accepted (ET)
Feb 19, 2015 · 4:59 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001013857
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 18, 2015 | M | 60,000 | $0.00 | A | 804,323 | D | |
| Common StockF1 | Feb 18, 2015 | F | 8,449 | $20.95 | D | 795,874 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionsF2,F3,F4 | $2.95 | Feb 18, 2015 | M | 60,000 | A | Jun 2, 2006 | Jun 2, 2015 | Common Stock | 60,000 | 0 | D |
Explanation of responses
- F1Represents the number of shares withheld by the Company to pay the exercise price of the Stock Option referenced in Table II and applicable payroll taxes.
- F2This exercise price was previously reported as $5.90 but has been adjusted to reflect the 2-for-1 forward stock split of Pegasystems Inc.'s common stock that occured April 1, 2014.
- F3Options vested 20% on 6/2/2006 and the remaining 80% vested in equal quarterly installments over the next four years.
- F4This stock option grant was previously reported as 30,000 shares but has been adjusted to reflect the 2-for-1 stock split that occured on April 1, 2014.