Leon Trefler - 07 Mar 2025 Form 4 Insider Report for PEGASYSTEMS INC (PEGA)

Signature
/s/ Ewelina Kemp, Attorney-in-Fact for Leon Trefler
Issuer symbol
PEGA
Transactions as of
07 Mar 2025
Transactions value $
-$40,198
Form type
4
Filing time
11 Mar 2025, 17:21:59 UTC
Previous filing
06 Mar 2025
Next filing
03 Jun 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PEGA Common stock Options Exercise $0 +1,329 +2.43% $0 56,017 07 Mar 2025 Direct F1
transaction PEGA Common stock Tax liability -$40,197 -523 -0.93% $76.86 55,494 07 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 Options Exercise $0 -1,329 -11.11% $0 10,632 07 Mar 2025 Common stock 1,329 $0 Direct F1, F4, F5
* 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 7, 2025. The original grant was 21,264 restricted stock units, with a 25% vesting on March 7, 2024. The remaining 75% will vest in equal quarterly installments over the remaining 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 Once vested, shares of common stock are not subject to expiration.