EFSTATHIOS A. KOUNINIS - 02 Dec 2022 Form 4 Insider Report for PEGASYSTEMS INC (PEGA)

Role
VP of Finance & CAO
Signature
/s/ Jenna L. Burstyn, Attorney-in-Fact for Efstathios A. Kouninis
Issuer symbol
PEGA
Transactions as of
02 Dec 2022
Transactions value $
-$3,225
Form type
4
Filing time
06 Dec 2022, 16:22:00 UTC
Previous filing
04 Nov 2022
Next filing
03 Mar 2023
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 +53 +4.05% $0.00 1.36K 02 Dec 2022 Direct F1
transaction PEGA Common stock Tax liability -$486 -13 -0.95% $37.40 1.35K 02 Dec 2022 Direct
transaction PEGA Common stock Options Exercise $0 +77 +5.71% $0.00 1.43K 05 Dec 2022 Direct F2
transaction PEGA Common stock Tax liability -$703 -19 -1.33% $36.98 1.41K 05 Dec 2022 Direct
transaction PEGA Common stock Options Exercise $0 +128 +9.1% $0.00 1.54K 05 Dec 2022 Direct F3
transaction PEGA Common stock Tax liability -$1.18K -32 -2.08% $36.98 1.5K 05 Dec 2022 Direct
transaction PEGA Common stock Options Exercise $0 +98 +6.52% $0.00 1.6K 06 Dec 2022 Direct F4
transaction PEGA Common stock Tax liability -$853 -24 -1.5% $35.54 1.58K 06 Dec 2022 Direct F5

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 Restricted Stock Units Options Exercise $0 -53 -7.16% $0.00 687 02 Dec 2022 Common stock 53 $0.00 Direct F1, F6, F7
transaction PEGA Restricted Stock Units Options Exercise $0 -77 -10.04% $0.00 690 05 Dec 2022 Common stock 77 $0.00 Direct F2, F6, F7
transaction PEGA Restricted Stock Units Options Exercise $0 -128 -50% $0.00 128 05 Dec 2022 Common stock 128 $0.00 Direct F3, F6, F7
transaction PEGA Restricted Stock Units Options Exercise $0 -98 -16.72% $0.00 488 06 Dec 2022 Common stock 98 $0.00 Direct F4, F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a 5% vesting on December 2, 2022. The original grant was 1,057 restricted stock units, with 20% vesting on March 2, 2022, with the remaining 80% vesting in equal quarterly installments over the remaining four years
F2 Represents a 5% vesting on December 3, 2022, with a release date of December 5, 2022, the first business day following vesting. The original grant was 1,533 restricted stock units, with 20% vesting on March 3, 2021, and the remaining 80% vesting in equal quarterly installments over the remaining four years.
F3 Represents a 5% vesting on December 5, 2022. The original grant was 2,558 restricted stock units, with 20% vesting on March 5, 2019, and the remaining 80% vesting in equal quarterly installments over the remaining four years.
F4 Represents a 5% vesting on December 6, 2022. The original grant was 1,952 restricted stock units, with 20% vesting on March 6, 2020, and the remaining 80% vesting in equal quarterly installments over the remaining four years.
F5 Does not include shares of common stock subject to unvested restricted stock units and/or options awards.
F6 Each restricted stock unit represents the right to receive, following vesting, one share of the issuer's common stock.
F7 Once vested, the shares of common stock are not subject to expiration.