Leon Trefler - 02 Jun 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
02 Jun 2025
Transactions value $
$46,425
Form type
4
Filing time
03 Jun 2025, 17:20:45 UTC
Previous filing
11 Mar 2025
Next filing
09 Jun 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Trefler Leon Chief of Clients and Markets C/O PEGASYSTEMS INC., 225 WYMAN STREET, STE 300, WALTHAM /s/ Ewelina Kemp, Attorney-in-Fact for Leon Trefler 03 Jun 2025 0001480560

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PEGA Common stock Options Exercise $57.7K +588 +1.06% $98.15 56.1K 02 Jun 2025 Direct F1
transaction PEGA Common stock Tax liability -$22.8K -232 -0.41% $98.15 55.9K 02 Jun 2025 Direct F2
transaction PEGA Common stock Options Exercise $18.9K +193 +0.35% $98.15 56K 02 Jun 2025 Direct F3
transaction PEGA Common stock Tax liability -$7.46K -76 -0.14% $98.15 56K 02 Jun 2025 Direct F2, F4

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 -588 -12.51% $0.00 4.11K 02 Jun 2025 Common stock 588 $0.00 Direct F1, F5, F6
transaction PEGA Restricted Stock Units Options Exercise $0 -193 -25.1% $0.00 576 02 Jun 2025 Common stock 193 $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 June 1, 2025, with a release date of June 2, 2025, the first business day following vesting. The original grant was 11,754 restricted stock units, with 20% vesting on March 1, 2023, 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 June 2, 2025. The original grant was 3,843 restricted stock units, with 20% vesting on March 2, 2022, with 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.