SEC Form 4 · accession 0001209191-15-032355
PEGASYSTEMS INC · PEGA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Douglas I Kra
Officer — Senior VP, Pega Consulting
Period of report
Apr 1, 2015
Accepted (ET)
Apr 3, 2015 · 4:57 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 | Apr 1, 2015 | M | 5,004 | $0.00 | A | 34,504 | D | |
| Common StockF1 | Apr 1, 2015 | F | 2,299 | $21.78 | D | 32,205 | D | |
| Common StockF2,F3 | Apr 1, 2015 | S | 2,705 | $21.71 | D | 29,500 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options | $4.34 | Apr 1, 2015 | M | 5,004 | D | Dec 8, 2006 | Dec 8, 2015 | Common Stock | 40,000 | 28,324 | 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.
- F2Sold persuant to a pre-arranged stock trading plan under Rule 10b5-1 of the Secrurities Exchange Act of 1934, as amended.
- F3Represents the weighted average of sale prices on April 1, 2015, ranging from 21.63 to 21.82.