John Gerard Higgins - 02 Jun 2025 Form 4 Insider Report for PEGASYSTEMS INC (PEGA)

Role
Chief, Client &Partner Success
Signature
/s/ Ewelina Kemp, Attorney-in-Fact for John Gerard Higgins
Issuer symbol
PEGA
Transactions as of
02 Jun 2025
Net transactions value
+$54,081
Form type
4
Filing time
03 Jun 2025, 17:23:17 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
Higgins John Gerard Chief, Client &Partner Success C/O PEGASYSTEMS INC., 225 WYMAN STREET, STE 300, WALTHAM /s/ Ewelina Kemp, Attorney-in-Fact for John Gerard Higgins 03 Jun 2025 0001915414

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PEGA Common stock Options Exercise $9,128 +93 +0.53% $98.15 17,566 02 Jun 2025 Direct F1
transaction PEGA Common stock Tax liability $5,104 -52 -0.3% $98.15 17,514 02 Jun 2025 Direct F2
transaction PEGA Common stock Options Exercise $9,030 +92 +0.53% $98.15 17,606 02 Jun 2025 Direct F3
transaction PEGA Common stock Tax liability $5,104 -52 -0.3% $98.15 17,554 02 Jun 2025 Direct F2
transaction PEGA Common stock Options Exercise $50,449 +514 +2.9% $98.15 18,068 02 Jun 2025 Direct F4
transaction PEGA Common stock Tax liability $28,169 -287 -1.6% $98.15 17,781 02 Jun 2025 Direct F2
transaction PEGA Common stock Options Exercise $9,030 +92 +0.52% $98.15 17,873 02 Jun 2025 Direct F5
transaction PEGA Common stock Tax liability $5,104 -52 -0.29% $98.15 17,821 02 Jun 2025 Direct F2
transaction PEGA Common stock Options Exercise $45,149 +460 +2.6% $98.15 18,281 02 Jun 2025 Direct F6
transaction PEGA Common stock Tax liability $25,225 -257 -1.4% $98.15 18,024 02 Jun 2025 Direct F2, F7

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 -93 -13% $0.000000 645 02 Jun 2025 Common stock 93 $0.000000 Direct F1, F8, F9
transaction PEGA Restricted Stock Units Options Exercise $0 -460 -25% $0.000000 1,380 02 Jun 2025 Common stock 460 $0.000000 Direct F6, F8, F9
transaction PEGA Restricted Stock Units Options Exercise $0 -92 -25% $0.000000 276 02 Jun 2025 Common stock 92 $0.000000 Direct F3, F8, F9
transaction PEGA Restricted Stock Units Options Exercise $0 -514 -12% $0.000000 3,600 02 Jun 2025 Common stock 514 $0.000000 Direct F4, F8, F9
transaction PEGA Restricted Stock Units Options Exercise $0 -92 -8.3% $0.000000 1,015 02 Jun 2025 Common stock 92 $0.000000 Direct F5, F8, F9
* 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 1,844 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 1, 2025, with a release date of June 2, 2025, the first business day following vesting. The original grant was 1,842 restricted stock units, with 20% vesting on March 1, 2022, and the remaining 80% vesting in equal quarterly installments over the remaining four years.
F4 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 10,285 restricted stock units, with 20% vesting on March 1, 2023 and the remaining 80% vesting in equal quarterly installments over the remaining four years.
F5 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 1,845 restricted stock units, with 20% vesting on March 1, 2024, and the remaining 80% vesting in equal quarterly installments over the remaining four years.
F6 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 9,207 restricted stock units, with 20% vesting on June 1, 2021, and the remaining 80% vesting in equal quarterly installments over the remaining four years.
F7 Does not include shares of common stock subject to unvested restricted stock units and/or options awards.
F8 Each restricted stock unit represents the right to receive, following vesting, one share of the issuer's common stock.
F9 Once vested, the shares of common stock are not subject to expiration.