SEC Form 4 · accession 0001209191-15-043382
PEGASYSTEMS INC · PEGA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William W Wyman
Director
Period of report
May 14, 2015
Accepted (ET)
May 15, 2015 · 4:44 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 | May 14, 2015 | M | 30,000 | $0.00 | A | 56,007 | D | |
| Common StockF1 | May 14, 2015 | F | 4,113 | $21.52 | D | 51,894 | D | |
| Common StockF2 | May 14, 2015 | S | 25,887 | $21.41 | D | 26,007 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionsF3,F4,F5 | $2.95 | May 14, 2015 | M | 30,000 | D | Jun 2, 2006 | Jun 2, 2015 | Common Stock | 30,000 | 0 | D |
Explanation of responses
- F1Represents the exercise price of the Stock Options referenced in Table II, which was paid by way of withholding by the Company of shares of equal value.
- F2Represents the weighted average of sales prices on 5/14/2015, ranging from $21.40 to $21.52.
- F3This 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 occurred on April 1, 2014.
- F4Options vested 20% on 6/02/2006, with the remaining 80% vesting in equal quarterly installments over the next four years.
- F5This Stock Options grant was previously reported as 15,000 shares, but has been adjusted to reflect the 2-for-1 forward stock split of Pegasystems Inc.'s common stock that occurred on April 1, 2014.