SEC Form 4 · accession 0001209191-15-070121

PEGASYSTEMS INC · PEGA

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

Reporting owner

Officer — Senior Vice President, Sales

Period of report

Sep 8, 2015

Accepted (ET)

Sep 10, 2015 · 4:21 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	Sep 8, 2015	M	348	$0.00	A	10,417	D
Common Stock	Sep 8, 2015	F	114	$24.00	D	10,303	D
Common Stock^F2	Sep 8, 2015	M	504	$0.00	A	10,807	D
Common Stock	Sep 8, 2015	F	164	$24.00	D	10,643	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	Sep 8, 2015	M	348	D	Mar 7, 2013	—	Common Stock	6,994	2,100	D
Restricted Stock Units^F3,F2,F4	$0.00	Sep 8, 2015	M	504	D	Mar 7, 2015	—	Common Stock	10,054	7,038	D

F1Represents 5% vesting on Monday, September 7, 2015 (Labor Day), with the release date of Tuesday, September 8, 2015, the first business day following vesting. The Original grant was 6,994 restricted stock units, with 20% vesting on March 7, 2013, and the remaining 80% vesting in equal quarterly installments over the remaining four years.
F2Represents 5% vesting on Monday, September 7, 2015 (Labor Day), with the release date of Tuesday, September 8, 2015, the first business day following vesting. The Original grant was 10,054 restricted stock units, with 20% vesting on March 7, 2015, and the remaining 80% vesting in equal quarterly installments over the remaining four years.
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.