SEC Form 4 · accession 0001209191-19-000300
PEGASYSTEMS INC · PEGA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard H Jones
Director
Period of report
Dec 28, 2018
Accepted (ET)
Jan 2, 2019 · 4:48 pm EST
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 | Dec 28, 2018 | M | 571 | $0.00 | A | 297,537 | D | |
| Common Stock | holding | — | — | — | 206,192 | I | Richard H. Jones Revocable Trust | |
| Common Stock | holding | — | — | — | 200,000 | I | Patricia K. Jones GRAT | |
| Common Stock | holding | — | — | — | 9,010 | I | Spouse | |
| Common StockF3 | holding | — | — | — | 59,590 | I | Jones Family Foundation |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF4,F1,F5 | $0.00 | Dec 28, 2018 | M | 571 | D | Jun 28, 2018 | — | Common Stock | 571 | 570 | D |
Explanation of responses
- F1Represents 25% vesting on December 28, 2018. Original grant was 2,283 restricted stock units, with 25% vesting immediately on June 28, 2018, and the remaining 75% vesting in equal quarterly installments over the remaining three quarters thereafter.
- F2Does not include shares of common stock subject to unvested restricted stock units and/or options awards.
- F3Shares owned by the Jones Family Foundation, of which Mr. Jones has no pecuniary interest.
- F4Each restricted stock unit represents the right to receive, following vesting, one share of the issuer's common stock.
- F5Once vested, the shares of common stock are not subject to expiration.