Alan Trefler - Mar 3, 2025 Form 4 Insider Report for PEGASYSTEMS INC (PEGA)

Role
C.E.O. & Chairman, Director, 10%+ Owner
Signature
/s/ Ewelina Kemp, Attorney-in-Fact for Alan Trefler
Stock symbol
PEGA
Transactions as of
Mar 3, 2025
Transactions value $
-$63,907
Form type
4
Date filed
3/4/2025, 05:39 PM
Previous filing
Feb 27, 2025
Next filing
Mar 6, 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 +1.25K +0.01% $0.00 17.3M Mar 3, 2025 Direct F1
transaction PEGA Common stock Tax liability -$31.8K -405 0% $78.51 17.3M Mar 3, 2025 Direct F2
transaction PEGA Common stock Options Exercise $0 +1.39K +0.01% $0.00 17.3M Mar 3, 2025 Direct F3
transaction PEGA Common stock Tax liability -$32.1K -409 0% $78.51 17.3M Mar 3, 2025 Direct F2, F4
holding PEGA Common stock 1.61M Mar 3, 2025 Alan N. Trefler Irrevocable Non-GST Trust of 2022
holding PEGA Common stock 5.07M Mar 3, 2025 Alan N. Trefler Grantor Retained Annuity Trust I of 2023
holding PEGA Common stock 2.19M Mar 3, 2025 Alan N. Trefler Grantor Retained Annuity Trust II of 2023
holding PEGA Common stock 7.5M Mar 3, 2025 Alan N. Trefler Grantor Retained Annuity Trust I of 2024
holding PEGA Common stock 6M Mar 3, 2025 Alan N. Trefler Grantor Retained Annuity Trust II of 2024

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 -1.25K -20% $0.00 5K Mar 3, 2025 Common stock 1.25K $0.00 Direct F1, F5, F6
transaction PEGA Restricted Stock Units Options Exercise $0 -1.39K -100% $0.00 0 Mar 3, 2025 Common stock 1.39K $0.00 Direct F3, F5, F6
* 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 2, 2025, with a release date of March 3, 2025, the first business day following vesting. The original grant was 24,976 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 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 3, 2025. The original grant was 27,862 restricted stock units, with 20% vesting on March 3, 2021, and the remaining 80% vesting in equal quarterly installments over the remaining four years.
F4 Does not include shares of common stock subject to unvested restricted stock units and/or options awards.
F5 Each restricted stock unit represents the right to receive, following vesting, one share of the issuer's common stock.
F6 Once vested, the shares of common stock are not subject to expiration.