SEC Form 4 · accession 0001209191-17-065047

PEGASYSTEMS INC · PEGA

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — VP of Finance & CAO

Period of report

Dec 7, 2017

Accepted (ET)

Dec 11, 2017 · 5:23 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001013857

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I
Common Stock^F1	Dec 7, 2017	M	76	$0.00	A	1,012	D
Common Stock	Dec 7, 2017	F	25	$49.15	D	987	D
Common Stock	Dec 7, 2017	S	728	$49.73	D	259	D
Common Stock^F2	Dec 11, 2017	M	326	$0.00	A	585	D
Common Stock	Dec 11, 2017	F	106	$49.65	D	479	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Restricted Stock Units^F3,F1,F4	$0.00	Dec 7, 2017	M	76	D	Mar 7, 2015	—	Common Stock	1,508	378	D
Restricted Stock Units^F3,F2,F4	$0.00	Dec 11, 2017	M	326	D	Mar 9, 2017	—	Common Stock	6,527	4,243	D

F1Represents 5% vesting on December 7, 2017. The original grant was 1,508 restricted stock units, with 20% vesting on March 7, 2015, and the remaining 80% vesting in equal quarterly installments over the remaining 4 years.
F2Represents 5% vesting on December 9, 2017, with a release date of December 11, 2017, the first business day following the vesting. The original grant was 6,527 restricted stock units, with 20% vesting on March 9, 2017, and the remaining 80% vesting in equal quarterly installments over the remaining 4 years.
F3Each restricted stock unit represents the right to receive, following vesting, one share of Pegasystems Inc.'s common stock.
F4Once vested, the shares of common stock are not subject to expiration.