SEC Form 4 · accession 0001209191-18-061365

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 3, 2018

Accepted (ET)

Dec 6, 2018 · 5:52 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 3, 2018	M	310	$0.00	A	310	D
12/03/2018	Dec 3, 2018	F	92	$53.99	D	218	D
12/03/2018^F2	Dec 3, 2018	M	170	$0.00	A	388	D
12/03/2018^F3	Dec 3, 2018	F	51	$53.99	D	337	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Restricted Stock Units^F4,F1,F5	$0.00	Dec 3, 2018	M	310	D	Mar 2, 2016	—	Common Stock	310	1,548	D
Restricted Stock Units^F4,F2,F5	$0.00	Dec 3, 2018	M	170	D	Mar 2, 2018	—	Common Stock	170	2,217	D

F1Represents 5% vesting on December 2, 2018, with a release date of December 3, 2018, the first business day following the vesting. The original grant was 6192 restricted stock units, with 20% vesting on March 2, 2016 and the remaining 80% vesting in equal quarterly installments over the remaining 4 years.
F2Represents 5% vesting on December 2, 2018, with a release date of December 3, 2018, the first business day following the vesting. The original grant was 3410 restricted stock units, with 20% vesting on March 2, 2018 and the remaining 80% vesting in equal quarterly installments over the remaining 4 years.
F3Does not include shares of common stock subject to unvested restricted stock units and/or options awards.
F4Each restricted stock unit represents the right to receive, following vesting, one share of the issuer's common stock.
F5Once vested, the shares of common stock are not subject to expiration.