Leon Trefler - 19 Feb 2025 Form 4 Insider Report for PEGASYSTEMS INC (PEGA)

Role
Chief of Clients and Markets
Signature
/s/ Ewelina Kemp, Attorney-in-Fact for Leon Trefler
Issuer symbol
PEGA
Transactions as of
19 Feb 2025
Transactions value $
-$644,176
Form type
4
Filing time
21 Feb 2025, 16:41:15 UTC
Previous filing
14 Feb 2025
Next filing
04 Mar 2025
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 $622,178 +30,365 +79.96% $20.49 68,338 19 Feb 2025 Direct
transaction PEGA Common stock Tax liability -$1,266,354 -14,944 -21.87% $84.74 53,394 19 Feb 2025 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 -30,365 -100% $0 0 19 Feb 2025 Common stock 30,365 $20.49 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the exercise price of the stock options referenced in Table II and Mr. Trefler's tax liability, which were paid by way of the Company withholding shares of equal value.
F2 Does not include shares of common stock subject to unvested restricted stock units and/or options awards.
F3 Options vested 20% on March 2, 2016, with the remaining 80% vesting in equal quarterly amounts over the following four years.