Leon Trefler - 04 Mar 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
04 Mar 2025
Transactions value $
-$134,533
Form type
4
Filing time
06 Mar 2025, 17:49:18 UTC
Previous filing
04 Mar 2025
Next filing
11 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 +4,402 +8.46% $0 56,421 05 Mar 2025 Direct F1
transaction PEGA Common stock Tax liability -$134,532 -1,733 -3.07% $77.63 54,688 05 Mar 2025 Direct F2, F3

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 Award $0 +12,924 $0 12,924 04 Mar 2025 Common stock 12,924 $0 Direct F4, F5, F6
transaction PEGA Stock Options Award $0 +32,145 $0 32,145 04 Mar 2025 Common stock 32,145 $77.63 Direct F7
transaction PEGA Restricted Stock Units Options Exercise $0 -4,402 -25% $0 13,207 05 Mar 2025 Common stock 4,402 $0 Direct F1, F4, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a 25% vesting on March 5, 2025. The original grant was 17,609 restricted stock units, with the remaining 75% vesting in equal quarterly installments over the next three years.
F2 Tendered to issuer to satisfy tax withholding obligations of the reporting person, exempted pursuant to Rule 16b-3(e).
F3 Does not include shares of common stock subject to unvested restricted stock units and/or options awards.
F4 Each restricted stock unit represents the right to receive, following vesting, one share of the issuer's common stock.
F5 RSUs will vest 25% on March 4, 2026, with the remaining 75% vesting in equal quarterly installments over the next three years.
F6 Once vested, the shares of common stock are not subject to expiration.
F7 Options will vest 25% on March 4, 2026, with the remaining 75% vesting in equal quarterly installments over the next three years.