SEC Form 4 · accession 0001209191-19-018206
PEGASYSTEMS INC · PEGA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Alan Trefler
Officer — C.E.O. & Chairman
Period of report
Mar 6, 2019
Accepted (ET)
Mar 8, 2019 · 5:20 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001013857
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2,F3 | $0.00 | Mar 6, 2019 | A | 39,026 | A | Mar 6, 2020 | — | Common Stock | 39,026 | 36,026 | D |
| Stock OptionsF4 | $64.35 | Mar 6, 2019 | A | 132,909 | A | Mar 6, 2020 | Mar 6, 2029 | Common Stock | 132,909 | 132,909 | D |
Explanation of responses
- F1Each restricted stock unit represents the right to receive, following vesting, one share of the issuer's common stock.
- F2RSUs will vest 20% on March 6, 2020, with the remaining 80% vesting in equal quarterly installments over the remaining four years.
- F3Once vested, the shares of common stock are not subject to expiration.
- F4Options will vest 20% on March 6, 2020, with the remaining 80% vesting in equal quarterly installments over the remaining four years.