Efstathios A. Kouninis - 02 Nov 2022 Form 4 Insider Report for PEGASYSTEMS INC (PEGA)

Role: VP of Finance & CAO
Signature: /s/ Jenna L. Burstyn, Attorney-in-Fact for Efstathios A. Kouninis
Issuer symbol: PEGA
Transactions as of: 02 Nov 2022
Net transactions value: $0
Form type: 4
Filing time: 04 Nov 2022, 17:53:56 UTC
Previous filing: 13 Sep 2022
Next filing: 06 Dec 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						1,309	02 Nov 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	+18,883		$0.000000	18,883	02 Nov 2022	Common stock	18,883	$33.90	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 in equal quarterly installments over a four year period with the first vest occurring on February 2, 2023.