Form 4 for PEGA PEGASYSTEMS INC

Accepted 2021-09-13 00:00:00 ET · period of report 2021-09-13 · accession 0001013857-21-000222 · 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	2021-09-13	2021-09-13	PEGA	KOUNINIS EFSTATHIOS A	CAO, VP of Fin	M - OptEx	$0.00	+93	2,888	+3%	$0
D	2021-09-13	2021-09-13	PEGA	KOUNINIS EFSTATHIOS A	CAO, VP of Fin	F - Tax	$133.31	-23	2,865	-0.8%	-$3,066
D	2021-09-13	2021-09-13	PEGA	KOUNINIS EFSTATHIOS A	CAO, VP of Fin	M - OptEx	$0.00	-93	0	-100%	$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	2021-09-13	M	A	93	$0.00	2,888	D	—	—	(F1) Represents a 5% vesting on September 12, 2021, with a release date on September 13, 2021, the first business day following vesting. The original grant was 1,856 restricted stock units, with 20% vesting on September 12, 2017, and the remaining 80% vesting in equal quarterly installments over the remaining four years.
2	Common	Common stock	2021-09-13	F	D	23	$133.31	2,865	D	—	—	(F2) Does not include shares of common stock subject to unvested restricted stock units and/or options awards.
3	Derivative	Restricted Stock Units	2021-09-13	M	D	93	$0.00	0	D	$0.00 · 2017-09-12 to —	93 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 12, 2021, with a release date on September 13, 2021, the first business day following vesting. The original grant was 1,856 restricted stock units, with 20% vesting on September 12, 2017, 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.