Form 4 for PEGA PEGASYSTEMS INC

Accepted 2022-01-05 00:00:00 ET · period of report 2022-01-03 · accession 0001013857-22-000002 · 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	2022-01-05	2022-01-03	PEGA	Stafford Hayden	Pres	F - Tax	$111.82	-478	7,877	-6%	-$53.4K
D	2022-01-05	2022-01-03	PEGA	Stafford Hayden	Pres	M - OptEx	$0.00	+1,470	8,355	+21%	$0
D	2022-01-05	2022-01-03	PEGA	Stafford Hayden	Pres	M - OptEx	$0.00	-1,470	20.6K	-7%	$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	2022-01-03	F	D	478	$111.82	7,877	D	—	—	(F2) Does not include shares of common stock subject to unvested restricted stock units and/or options awards.
2	Common	Common stock	2022-01-03	M	A	1,470	$0.00	8,355	D	—	—	(F1) Represents a 5% vesting on January 1, 2022, with a release date of January 3, 2022, the first business day following vesting. The original grant was 29,404 restricted stock units. The remaining 70% will vest in 5% quarterly installments, until the grant is fully vested July 1, 2025.
3	Derivative	Restricted Stock Units	2022-01-03	M	D	1,470	$0.00	20,580	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 January 1, 2022, with a release date of January 3, 2022, the first business day following vesting. The original grant was 29,404 restricted stock units. The remaining 70% will vest in 5% quarterly installments, until the grant is fully vested July 1, 2025. (F4) Upon vesting becomes common stock. Common stock is not subject to expiration.