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Quotes & Info
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| PEGA > SEC Filings for PEGA > Form 8-K on 17-Jun-2009 | All Recent SEC Filings |
17-Jun-2009
Other Events
On June 16, 2009, Richard H. Jones, a Director of Pegasystems Inc. (the "Company"), entered into a Rule 10b5-1 trading plan (the "Plan") to sell up to 100,000 shares of the Company's common stock. Sales under the Plan may commence on August 6, 2009. The Plan expires June 16, 2010.
This Plan is intended to comply with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended, and the Company's insider trading policies. Rule 10b5-1 allows corporate insiders to establish prearranged written plans to buy or sell a specified number of shares of company stock over a set period of time. A plan must be entered into in good faith, at a time when the corporate insider did not possess material, nonpublic information regarding the Company.
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