Form 4 for PEGA PEGASYSTEMS INC

Accepted 2023-09-08 00:00:00 ET · period of report 2023-09-06 · accession 0001013857-23-000183 · 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	2023-09-08	2023-09-06	PEGA	STILLWELL KENNETH	COO, CFO	F - Tax	$49.41	-105	27.0K	-0.4%	-$5,188
D	2023-09-08	2023-09-06	PEGA	STILLWELL KENNETH	COO, CFO	M - OptEx	$0.00	+429	27.1K	+2%	$0
D	2023-09-08	2023-09-06	PEGA	STILLWELL KENNETH	COO, CFO	M - OptEx	$0.00	-429	859	-33%	$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	2023-09-06	F	D	105	$49.41	26,958	D	—	—	(F2) Does not include shares of common stock subject to unvested restricted stock units and/or options awards.
2	Common	Common stock	2023-09-06	M	A	429	$0.00	27,063	D	—	—	(F1) Represents a 5% vesting on September 6, 2023. The original grant was 8,586 restricted stock units, with 20% vesting on March 6, 2020, and the remaining 80% vesting in equal quarterly installments over the remaining four years.
3	Derivative	Restricted Stock Units	2023-09-06	M	D	429	$0.00	859	D	$0.00 · 2020-03-06 to —	0 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, 2023. The original grant was 8,586 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.