SEC Form 4 · accession 0001209191-15-068436
PEGASYSTEMS INC · PEGA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Larry Weber
Director
Period of report
Aug 27, 2015
Accepted (ET)
Aug 28, 2015 · 4:04 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 StockF1 | Aug 27, 2015 | M | 1,868 | $0.00 | A | 8,395 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2,F1,F3 | $0.00 | Aug 27, 2015 | M | 1,868 | D | Aug 27, 2013 | — | Common Stock | 1,868 | 0 | D |
Explanation of responses
- F1Represents annual vesting on August 27, 2015. Original grant was 5,604 restricted stock units, with 1/3 vesting on August 27, 2013, 1/3 vesting on August 27, 2014 and 1/3 vesting on August 27, 2015.
- F2Each restricted stock unit represents the right to receive, upon vesting, one share of Pegasystems Inc.'s common stock.
- F3Once vested, the shares of common stock are not subject to expiration.