EFSTATHIOS A. KOUNINIS - 02 Jun 2025 Form 4 Insider Report for PEGASYSTEMS INC (PEGA)

Role
SVP of Finance & CAO
Signature
/s/ Ewelina Kemp, Attorney-in-Fact for Efstathios A. Kouninis
Issuer symbol
PEGA
Transactions as of
02 Jun 2025
Transactions value $
-$273
Form type
4
Filing time
03 Jun 2025, 17:29:45 UTC
Previous filing
20 May 2025
Next filing
05 Jun 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
KOUNINIS EFSTATHIOS A SVP of Finance & CAO C/O PEGASYSTEMS INC., 225 WYMAN STREET, STE 300, WALTHAM /s/ Ewelina Kemp, Attorney-in-Fact for Efstathios A. Kouninis 03 Jun 2025 0001353196

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PEGA Common stock Options Exercise $10.1K +103 $98.15 103 02 Jun 2025 Direct F1
transaction PEGA Common stock Tax liability -$2.55K -26 -25.24% $98.15 77 02 Jun 2025 Direct F2
transaction PEGA Common stock Options Exercise $5.1K +52 +67.53% $98.15 129 02 Jun 2025 Direct F3
transaction PEGA Common stock Tax liability -$1.28K -13 -10.08% $98.15 116 02 Jun 2025 Direct F2
transaction PEGA Common stock Sale -$11.7K -116 -42.8% $100.50 155 03 Jun 2025 Direct 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 -103 -12.52% $0.00 720 02 Jun 2025 Common stock 103 $0.00 Direct F1, F5, F6
transaction PEGA Restricted Stock Units Options Exercise $0 -52 -24.64% $0.00 159 02 Jun 2025 Common stock 52 $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 date following vesting. The original grant was 2,057 restricted stock units, with 20% vesting on March 1, 2023, and 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 1,057 restricted stock units, with 20% vesting on March 2, 2022, 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 common stock.
F6 Once vested, the shares of common stock are not subject to expiration.