SEC Form 4/A · accession 0001209191-18-047477
PEGASYSTEMS INC · PEGA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Kenneth Stillwell
Officer — CFO, SVP
Period of report
Aug 1, 2018
Accepted (ET)
Aug 17, 2018 · 5:24 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,F2 | Aug 1, 2018 | M | 2,186 | $0.00 | A | 11,435 | D | |
| Common Stock | Aug 1, 2018 | F | 972 | $55.60 | D | 10,463 | D | |
| Common StockF3,F4 | Aug 1, 2018 | S | 1,000 | $55.85 | D | 9,463 | 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 UnitsF5,F1,F6 | $0.00 | Aug 1, 2018 | M | 2,186 | D | Aug 1, 2017 | — | Common Stock | 2,186 | 26,240 | D |
Explanation of responses
- F1Represents 5% vesting on August 1, 2018. The original grant was 43,732 restricted stock units, with 20% vesting on August 1, 2017, and the remaining 80% vesting in equal quarterly installments over the remaining 4 years.
- F2The Form 4 filed on August 3, 2018 is amended by this Form 4A to include Mr. Stillwell's August 1, 2018 vesting, which was not reported on the original form.
- F3Sold pursuant to a pre-arranged stock trading plan under rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
- F4Does not include shares of common stock subject to unvested restricted stock units and options awards.
- F5Each restricted stock unit represents the right to receive, following vesting, one share of the issuer's common stock.
- F6Once vested, the shares of common stock are not subject to expiration.