Form 4 for PEGA PEGASYSTEMS INC

Accepted 2022-03-09 00:00:00 ET · period of report 2022-03-07 · accession 0001013857-22-000077 · 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	2022-03-09	2022-03-07	PEGA	TREFLER ALAN	CEO, COB, 10%	M - OptEx	$0.00	+1,952	39.80M	+0.0%	$0
D	2022-03-09	2022-03-07	PEGA	TREFLER ALAN	CEO, COB, 10%	F - Tax	$82.21	-573	39.80M	-0.0%	-$47.1K
D	2022-03-09	2022-03-07	PEGA	TREFLER ALAN	CEO, COB, 10%	M - OptEx	$0.00	-1,952	15.6K	-11%	$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	2022-03-07	M	A	1,952	$0.00	39,801,102	D	—	—	(F1) Represents a 5% vesting on March 6, 2022, with a release date of March 7, 2022, 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	2022-03-07	F	D	573	$82.21	39,800,529	D	—	—	(F2) Does not include shares of common stock subject to unvested restricted stock units and/or options awards.
3	Derivative	Restricted Stock Units	2022-03-07	M	D	1,952	$0.00	15,610	D	$0.00 · 2020-03-06 to —	1,952 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 March 6, 2022, with a release date of March 7, 2022, 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.