Leon Trefler - Feb 16, 2022 Form 3 Insider Report for PEGASYSTEMS INC (PEGA)

Role
Chief of Clients and Markets
Signature
/s/ Jenna L. Burstyn, Attorney-in-Fact for Leon Trefler
Stock symbol
PEGA
Transactions as of
Feb 16, 2022
Transactions value $
$0
Form type
3
Date filed
3/3/2022, 04:42 PM
Next filing
Mar 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding PEGA Common stock 20K Feb 16, 2022 Direct

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
holding PEGA Stock Options Feb 16, 2022 Common stock 10.8K $11.05 Direct F1
holding PEGA Stock Options Feb 16, 2022 Common stock 24.6K $20.05 Direct F2
holding PEGA Stock Options Feb 16, 2022 Common stock 30.4K $20.49 Direct F3
holding PEGA Stock Options Feb 16, 2022 Common stock 35.3K $25.20 Direct F4
holding PEGA Restricted Stock Units Feb 16, 2022 Common stock 370 $0.00 Direct F5, F6, F7
holding PEGA Stock Options Feb 16, 2022 Common stock 24.4K $44.30 Direct F8
holding PEGA Restricted Stock Units Feb 16, 2022 Common stock 1.81K $0.00 Direct F5, F7, F9
holding PEGA Stock Options Feb 16, 2022 Common stock 23.3K $58.95 Direct F10
holding PEGA Restricted Stock Units Feb 16, 2022 Common stock 3.51K $0.00 Direct F5, F7, F11
holding PEGA Stock Options Feb 16, 2022 Common stock 26.6K $64.35 Direct F12
holding PEGA Restricted Stock Units Feb 16, 2022 Common stock 4.35K $0.00 Direct F5, F7, F13
holding PEGA Stock Options Feb 16, 2022 Common stock 26.5K $90.05 Direct F14
holding PEGA Restricted Stock Units Feb 16, 2022 Common stock 3.84K $0.00 Direct F5, F7, F15
holding PEGA Stock Options Feb 16, 2022 Common stock 13.1K $130.45 Direct F16
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Options vested 20% on December 12, 2013, with the remaining 80% vesting in equal quarterly installments over the next four years.
F2 Options vested 20% on March 7, 2015, with the remaining 80% vesting in equal quarterly installments over the next four years.
F3 Options vested 20% on March 2, 2016, with the remaining 80% vesting in equal quarterly installments over the next four years.
F4 Options vested 20% on March 9, 2017, with the remaining 80% vesting in equal quarterly installments over the next four years.
F5 Each restricted stock unit represents the right to receive, following vesting, one share of the issuer's common stock.
F6 The original grant was 7,387 restricted stock units, with 20% vesting on March 2, 2018, and the remaining 80% vesting in equal quarterly installments over the next four years.
F7 Once vested, shares of common stock are not subject to expiration.
F8 Options vested 20% on March 2, 2018, with the remaining 80% vesting in equal quarterly installments over the next four years.
F9 The original grant was 7,246 restricted stock units, with 20% vesting on March 5, 2019, and the remaining 80% vesting in equal quarterly installments over the remaining four years.
F10 Options vested 20% on March 5, 2019, with the remaining 80% vesting in equal quarterly installments over the next four years.
F11 The original grant was 7,806 restricted stock units, with 20% vesting on March 6, 2020, and the remaining 80% vesting in equal quarterly installments over the remaining four years.
F12 Options vested 20% on March 6, 2020, with the remaining 80% vesting in equal quarterly installments over the next four years.
F13 The original grant was 6,687 restricted stock units, with 20% vesting on March 3, 2021, with the remaining 80% vesting in equal quarterly installments over the next four years.
F14 Options vested 20% on March 3, 2021, with the remaining 80% vesting in equal quarterly installments over the next four years.
F15 The original grant is 3,843 restricted stock units. The RSUs will vest 20% on March 2, 2022, with the remaining 80% vesting in equal quarterly installments over the remaining four years.
F16 Options will vest 20% on March 2, 2022, with the remaining 80% vesting in equal quarterly installments over the next four years.

Remarks:

Leon Trefler became Pegasystems Inc.'s Chief of Clients and Markets on February 16, 2022. EXHIBIT LIST: EX-24 LTrefler Exhibit 24