Form 4 for PEGA PEGASYSTEMS INC

Accepted 2021-09-09 00:00:00 ET · period of report 2021-09-07 · accession 0001013857-21-000220 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X	Filed	Traded	Ticker	Insider	Title	Type	Price	Qty	Owned	ΔOwn	Value
D	2021-09-09	2021-09-07	PEGA	TREFLER ALAN	CEO, COB, 10%	M - OptEx	$0.00	+1,951	39.80M	+0.0%	$0
D	2021-09-09	2021-09-07	PEGA	TREFLER ALAN	CEO, COB, 10%	F - Tax	$142.39	-866	39.80M	-0.0%	-$123.3K
D	2021-09-09	2021-09-07	PEGA	TREFLER ALAN	CEO, COB, 10%	M - OptEx	$0.00	-1,951	19.5K	-9%	$0

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common stock	2021-09-07	M	A	1,951	$0.00	39,803,403	D	—	—	(F1) Represents a 5% vesting on September 6, 2021, with a release date of September 7, 2021, the first business day following vesting. The original grant was 39,026 restricted stock units, with 20% vesting on March 6,2020, and the remaining 80% vesting in equal quarterly installments over the remaining four years.
2	Common	Common stock	2021-09-07	F	D	866	$142.39	39,802,537	D	—	—	(F2) Does not include shares of common stock subject to unvested restricted stock units and/or options awards.
3	Derivative	Restricted Stock Units	2021-09-07	M	D	1,951	$0.00	19,513	D	$0.00 · 2020-03-06 to —	1,951 Common stock	(F3) Each restricted stock unit represents the right to receive, following vesting, one share of the issuer's common stock. (F1) Represents a 5% vesting on September 6, 2021, with a release date of September 7, 2021, the first business day following vesting. The original grant was 39,026 restricted stock units, with 20% vesting on March 6,2020, and the remaining 80% vesting in equal quarterly installments over the remaining four years. (F4) Once vested, the shares of common stock are not subject to expiration.