SEC Form 4 · accession 0001209191-18-015145

PEGASYSTEMS INC · PEGA

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

Reporting owner

Officer — VP of Finance & CAO

Period of report

Feb 28, 2018

Accepted (ET)

Mar 1, 2018 · 5:33 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	Feb 28, 2018	M	1,568	$0.00	A	2,109	D
Common Stock^F1	Feb 28, 2018	F	1,011	$59.80	D	1,098	D
Common Stock^F2	Feb 28, 2018	S	557	$59.86	D	541	D
Common Stock	Feb 28, 2018	M	956	$0.00	A	1,497	D
Common Stock^F1	Feb 28, 2018	F	601	$58.60	D	896	D
Common Stock^F3	Feb 28, 2018	S	355	$58.61	D	541	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Stock Options^F4	$27.24	Feb 28, 2018	M	1,568	D	Sep 12, 2017	Sep 12, 2026	Common Stock	6,274	4,706	D
Stock Options^F5	$25.20	Feb 28, 2018	M	956	D	Mar 9, 2017	Mar 9, 2026	Common Stock	19,118	12,427	D

F1Represents the exercise price of the Stock Options referenced in Table II and Mr. Kouninis' tax liability, which were paid by way of withholding by the Company of shares of equal value.
F2Represents the weighted average of the sale prices on February 28, 2018, ranging from $59.81 to $59.92.
F3Represents the weighted average of the sale prices on February 28, 2018, ranging from $58.60 to $58.63.
F4Options vested 20% on September 12, 2017, with the remaining 80% vesting in equal quarterly installments over the next four years.
F5Options vested 20% on March 9, 2017, with the remaining 80% vesting in equal quarterly installments over the next four years.