Form 4 for PEGA PEGASYSTEMS INC

Accepted 2021-10-05 00:00:00 ET · period of report 2021-10-01 · accession 0001013857-21-000231 · 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	2021-10-05	2021-10-01	PEGA	Stafford Hayden	Pres	M - OptEx	$0.00	+1,470	7,334	+25%	$0
D	2021-10-05	2021-10-01	PEGA	Stafford Hayden	Pres	F - Tax	$127.10	-630	6,704	-9%	-$80.1K
D	2021-10-05	2021-10-01	PEGA	Stafford Hayden	Pres	M - OptEx	$0.00	-1,470	22.1K	-6%	$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	2021-10-01	M	A	1,470	$0.00	7,334	D	—	—	(F1) Represents a 5% vesting on October 1, 2021. The original grant was 29,404 restricted stock units. The remaining 75% will vest in 5% quarterly installments, until the grant is fully vested July 1, 2025.
2	Common	Common stock	2021-10-01	F	D	630	$127.10	6,704	D	—	—	(F2) Does not include shares of common stock subject to unvested restricted stock units and/or options awards.
3	Derivative	Restricted Stock Units	2021-10-01	M	D	1,470	$0.00	22,050	D	$0.00 · 2020-10-01 to —	1,470 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 October 1, 2021. The original grant was 29,404 restricted stock units. The remaining 75% will vest in 5% quarterly installments, until the grant is fully vested July 1, 2025. (F4) Once vested, the shares of common stock are not subject to expiration.