John Gerard Higgins - 05 Jun 2022 Form 4 Insider Report for PEGASYSTEMS INC (PEGA)

Role: Chief, Client &Partner Success
Signature: s/ Jenna L. Burstyn, Attorney-in-Fact for John Gerard Higgins
Issuer symbol: PEGA
Transactions as of: 05 Jun 2022
Net transactions value: $0
Form type: 4
Filing time: 07 Jun 2022, 21:08:17 UTC
Previous filing: 03 Jun 2022
Next filing: 06 Sep 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	PEGA	Common stock						1,571	05 Jun 2022	Direct	F1

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	Stock Options	Award	$0	+50,000		$0.000000	50,000	05 Jun 2022	Common stock	50,000	$52.47	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Does not include shares of common stock subject to unvested restricted stock units and/or options awards.
F2	Options will vest 33% on June 5, 2023, with the remaining 66% vesting in equal quarterly installments over the remaining two years.