Sharon T. Rowlands - Aug 15, 2022 Form 4 Insider Report for PEGASYSTEMS INC (PEGA)

Role
Director
Signature
/s/ Matthew J. Cushing, Attorney-in-Fact for Sharon T. Rowlands
Stock symbol
PEGA
Transactions as of
Aug 15, 2022
Transactions value $
$0
Form type
4
Date filed
8/17/2022, 08:06 PM
Previous filing
Jun 2, 2022
Next filing
Dec 15, 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PEGA Common stock Options Exercise $0 +2.36K +13.25% $0.00 20.2K Aug 15, 2022 Direct F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PEGA Stock Options Options Exercise $0 +6K $0.00 6K Aug 15, 2022 Common stock 6K $42.41 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of unrestricted common stock received as consideration for Ms. Rowlands's service as a Director for the annual term.
F2 The Form 4 filed on January 2, 2019 and all subsequent forms are being amended to clarify that Ms. Rowlands's share holdings were being underrepresented by 1,000 shares due to a scrivener's error.
F3 Non-statutory stock options fully vested on issuance and granted as consideration for Ms. Rowlands's services as a Director for the annual term.