Leon Trefler - Mar 4, 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
Stock symbol
PEGA
Transactions as of
Mar 4, 2025
Transactions value $
-$134,533
Form type
4
Date filed
3/6/2025, 05:49 PM
Previous filing
Mar 4, 2025
Next filing
Mar 11, 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 +4.4K +8.46% $0.00 56.4K Mar 5, 2025 Direct F1
transaction PEGA Common stock Tax liability -$135K -1.73K -3.07% $77.63 54.7K Mar 5, 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 +12.9K $0.00 12.9K Mar 4, 2025 Common stock 12.9K $0.00 Direct F4, F5, F6
transaction PEGA Stock Options Award $0 +32.1K $0.00 32.1K Mar 4, 2025 Common stock 32.1K $77.63 Direct F7
transaction PEGA Restricted Stock Units Options Exercise $0 -4.4K -25% $0.00 13.2K Mar 5, 2025 Common stock 4.4K $0.00 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.