John Gerard Higgins - 03 Mar 2025 Form 4 Insider Report for PEGASYSTEMS INC (PEGA)

Role
Chief, Client &Partner Success
Signature
/s/ Ewelina Kemp, Attorney-in-Fact for John Gerard Higgins
Issuer symbol
PEGA
Transactions as of
03 Mar 2025
Net transactions value
-$54,957
Form type
4
Filing time
04 Mar 2025, 17:03:27 UTC
Previous filing
14 Feb 2025
Next filing
06 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 $0 +460 +3.4% $0.000000 13,949 03 Mar 2025 Direct F1
transaction PEGA Common stock Tax liability $20,177 -257 -1.8% $78.51 13,692 03 Mar 2025 Direct F2
transaction PEGA Common stock Options Exercise $0 +92 +0.67% $0.000000 13,784 03 Mar 2025 Direct F3
transaction PEGA Common stock Tax liability $4,083 -52 -0.38% $78.51 13,732 03 Mar 2025 Direct F2
transaction PEGA Common stock Options Exercise $0 +92 +0.67% $0.000000 13,824 03 Mar 2025 Direct F4
transaction PEGA Common stock Tax liability $4,083 -52 -0.38% $78.51 13,772 03 Mar 2025 Direct F2
transaction PEGA Common stock Options Exercise $0 +514 +3.7% $0.000000 14,286 03 Mar 2025 Direct F5
transaction PEGA Common stock Tax liability $22,532 -287 -2% $78.51 13,999 03 Mar 2025 Direct F2
transaction PEGA Common stock Options Exercise $0 +92 +0.66% $0.000000 14,091 03 Mar 2025 Direct F6
transaction PEGA Common stock Tax liability $4,083 -52 -0.37% $78.51 14,039 03 Mar 2025 Direct F2, F7

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 -460 -20% $0.000000 1,840 03 Mar 2025 Common stock 460 $0.000000 Direct F1, F8, F9
transaction PEGA Restricted Stock Units Options Exercise $0 -92 -20% $0.000000 368 03 Mar 2025 Common stock 92 $0.000000 Direct F3, F8, F9
transaction PEGA Restricted Stock Units Options Exercise $0 -92 -11% $0.000000 738 03 Mar 2025 Common stock 92 $0.000000 Direct F4, F8, F9
transaction PEGA Restricted Stock Units Options Exercise $0 -514 -11% $0.000000 4,114 03 Mar 2025 Common stock 514 $0.000000 Direct F5, F8, F9
transaction PEGA Restricted Stock Units Options Exercise $0 -92 -7.7% $0.000000 1,107 03 Mar 2025 Common stock 92 $0.000000 Direct F6, F8, F9
* 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 March 1, 2025, with a release date of March 3, 2025, the first business day following vesting. The original grant was 9,207 restricted stock units with 5% vesting on June 1, 2021, with the remaining 95% vesting in 5% quarterly installments.
F2 Tendered to issuer to satisfy tax withholding obligations of the reporting person, exempted pursuant to Rule 16b-3(e).
F3 Represents a 5% vesting on March 1, 2025, with a release date of March 3, 2025, the first business day following vesting. The original grant was 1,842 restricted stock units with 20% vesting on March 1, 2022 with the remaining 80% vesting in 5% equal quarterly installments over the remaining four years.
F4 Represents a 5% vesting on March 1, 2025, with a release date of March 3, 2025, the first business day following vesting. The original grant was 1,844 restricted stock units with 20% vesting on March 1, 2023 with the remaining 80% vesting in 5% equal quarterly installments over the remaining four years.
F5 Represents a 5% vesting on March 1, 2025, with a release date of March 3, 2025, the first business day following vesting. The original grant was 10,285 restricted stock units, with 20% vesting on March 1, 2023 with the remaining 80% vesting in 5% equal quarterly installments over the remaining four years.
F6 Represents a 5% vesting on March 1, 2025, with a release date of March 3, 2025, the first business day following vesting. The original grant was 1,845 restricted stock units with 20% vesting on March 1, 2024 with the remaining 80% vesting in 5% equal quarterly installments over the remaining four years.
F7 Does not include shares of common stock subject to unvested restricted stock units and/or options awards.
F8 Each restricted stock unit represents the right to receive, following vesting, one share of the issuer's common stock.
F9 Once vested, the shares of common stock are not subject to expiration.