SEC Form 4 · accession 0001209191-18-050325

PEGASYSTEMS INC · PEGA

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

Reporting owner

Officer — VP of Finance & CAO

Period of report

Sep 6, 2018

Accepted (ET)

Sep 10, 2018 · 5:38 pm EDT

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	Sep 6, 2018	S	338	$63.00	D	0	D
Common Stock^F1	Sep 7, 2018	M	76	$0.00	A	76	D
Common Stock	Sep 7, 2018	F	23	$63.25	D	53	D
Common Stock	Sep 7, 2018	M	194	$20.05	A	247	D
Common Stock^F2	Sep 7, 2018	F	101	$63.80	D	146	D
Common Stock	Sep 7, 2018	S	93	$63.83	D	53	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	Sep 7, 2018	M	76	D	Mar 7, 2015	—	Common Stock	76	152	D
Stock Options^F5	$20.05	Sep 7, 2018	M	194	D	Mar 7, 2015	Mar 7, 2024	Common Stock	194	566	D

F1Represents 5% vesting on September 7, 2018. The original grant was 1508 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 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.
F3Each restricted stock unit represents the right to receive, following vesting, one share of the issuer's common stock.
F4Once vested, the shares of common stock are not subject to expiration.
F5Options vested 20% on September 7, 2015, with the remaining 80% vesting in equal quarterly installments over the next four years.