SEC Form 4 · accession 0001209191-15-053847

PEGASYSTEMS INC · PEGA

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

Reporting owner

Officer — VP of Finance & CAO

Period of report

Jun 12, 2015

Accepted (ET)

Jun 16, 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
Common Stock	Jun 12, 2015	M	648	$0.00	A	648	D
Common Stock^F1	Jun 12, 2015	F	422	$22.81	D	226	D
Common Stock	Jun 12, 2015	S	226	$22.83	D	0	D
Common Stock^F2	Jun 15, 2015	M	50	$0.00	A	50	D
Common Stock^F1	Jun 15, 2015	F	16	$22.67	D	34	D
Common Stock^F3	Jun 15, 2015	M	58	$0.00	A	92	D
Common Stock^F1	Jun 15, 2015	F	19	$22.67	D	73	D
Common Stock^F4	Jun 15, 2015	M	34	$0.00	A	107	D
Common Stock^F1	Jun 15, 2015	F	11	$22.67	D	96	D
Common Stock	Jun 15, 2015	S	96	$22.45	D	0	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Stock Options^F5	$11.05	Jun 12, 2015	M	648	D	Dec 12, 2013	Dec 12, 2022	Common Stock	12,942	6,472	D
Restricted Stock Unit^F6,F2,F7	$0.00	Jun 15, 2015	M	50	D	Dec 14, 2011	—	Common Stock	1,006	102	D
Restricted Stock Unit^F3,F7	$0.00	Jun 15, 2015	M	58	D	Dec 14, 2012	—	Common Stock	1,164	350	D
Restricted Stock Unit^F4,F7	$0.00	Jun 15, 2015	M	34	D	Jun 15, 2011	—	Common Stock	648	0	D

F1Represents the exercise price of the stock options reflected in Table II and Mr. Kouninis' tax liability, which was paid by way of withholding by the Company of shares of equal value.
F2Represents 5% vesting on Sunday, June 14, 2015, with the release date of Monday, June 15, 2015, the first business day following vesting. The original grant was 1006 restricted stock units, with 20% vesting on December 14, 2011, and the remaining 80% vesting in equal quarterly installments over the remaining 4 years.
F3Represents 5% vesting on Sunday, June 14, 2015, with the release date of Monday, June 15, 2015, the first business day following vesting. The original grant was 1164 restricted stock units, with 20% vesting on December 14, 2012, and the remaining 80% vesting in equal quarterly installments over the remaining 4 years.
F4Represents 5% vesting on June 15, 2015. The original grant was 648 restricted stock units, with 20% vesting on June 15, 2011, and the remaining 80% vesting in equal quarterly installments over the remaining 4 years.
F5Options vested 20% on December 12, 2013, with the remaining 80% vesting in equal quarterly installments over the next four years.
F6Each restricted stock unit represents the right to receive, following vesting, one share of Pegasystems Inc.'s common stock.
F7Once vested, the shares of common stock are not subject to expiration.