SEC Form 4 · accession 0001209191-15-024121
PEGASYSTEMS INC · PEGA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Efstathios A Kouninis
Officer — VP of Finance & CAO
Period of report
Mar 6, 2015
Accepted (ET)
Mar 9, 2015 · 4:46 pm EDT
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 | Mar 6, 2015 | M | 648 | $0.00 | A | 1,455 | D | |
| Common StockF1 | Mar 6, 2015 | F | 468 | $20.00 | D | 987 | D | |
| Common Stock | Mar 6, 2015 | S | 180 | $20.00 | D | 807 | D | |
| Common Stock | Mar 6, 2015 | M | 150 | $0.00 | A | 957 | D | |
| Common StockF1 | Mar 6, 2015 | F | 128 | $19.98 | D | 829 | D | |
| Common Stock | Mar 6, 2015 | S | 22 | $19.98 | D | 807 | 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 | $11.05 | Mar 6, 2015 | M | 648 | A | Dec 12, 2013 | Dec 12, 2022 | Common Stock | 12,942 | 7,766 | D |
| Stock OptionsF3 | $15.19 | Mar 6, 2015 | M | 150 | A | Dec 14, 2012 | Dec 14, 2021 | Common Stock | 2,998 | 1,200 | D |
Explanation of responses
- F1Represents the exercise price of the Stock Option referenced in Table II, which was paid by way of the withholding by the Company of shares with the value equal to the exercise price.
- F2Options vested 20% on December 12, 2013, and the remainng 80% vesting in equal quarterly installments over the next four years.
- F3Options vested 20% on December 14, 2012, and the remainng 80% vesting in equal quarterly installments over the next four years.