SEC Form 4 · accession 0001209191-15-025248

PEGASYSTEMS INC · PEGA

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Senior VP, Engineering

Period of report

Mar 9, 2015

Accepted (ET)

Mar 11, 2015 · 5:10 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
Common Stock^F1	Mar 9, 2015	M	280	$0.00	A	50,424	D
Common Stock	Mar 9, 2015	F	89	$19.94	D	50,335	D
Common Stock^F2	Mar 9, 2015	M	1,758	$0.00	A	52,093	D
Common Stock	Mar 9, 2015	F	556	$19.94	D	51,537	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Restricted Stock Units^F3,F1,F4	$0.00	Mar 9, 2015	M	280	D	Mar 7, 2013	—	Common Stock	2,798	2,240	D
Restricted Stock Units^F3,F2,F4	$0.00	Mar 9, 2015	M	1,758	D	Mar 7, 2015	—	Common Stock	8,798	7,040	D

F1Represents 5% vesting on March 7, 2015. The original grant was 2798 restricted stock units, with 20% vesting on March 7, 2013, and the remaining 80% vesting in equal quarterly installments over the remaining 4 years.
F2Represents 20% vesting on March 7, 2015. The original grant was 8798 restricted stock units, with 20% vesting on March 7, 2015, and the remaining 80% vesting in equal quarterly installments over the remaining 4 years. This grant of restricted stock units was previously reported as 4399 shares, but has been adjusted to reflect the 2-for-1 stock split that occured on April 1, 2014.
F3Each restricted stock unit represents the right to receive, following vesting, one share of Pegasystems Inc.'s common stock.
F4Once vested, the shares of common stock are not subject to expiration.