SEC Form 4 · accession 0001209191-18-062315

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 10, 2018

Accepted (ET)

Dec 12, 2018 · 6:28 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 10, 2018	M	326	$0.00	A	716	D
Common Stock	Dec 10, 2018	F	97	$49.83	D	619	D
Common Stock^F2	Dec 12, 2018	M	93	$0.00	A	712	D
Common Stock^F3	Dec 12, 2018	F	28	$50.03	D	684	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 10, 2018	M	326	D	Mar 9, 2017	—	Common Stock	326	2,938	D
Restricted Stock Units^F4,F2,F5	$0.00	Dec 12, 2018	M	93	D	Sep 12, 2017	—	Common Stock	93	1,021	D

F1Represents 5% vesting on December 9, 2018, with a release date of December 10, 2018, the first business day following the vesting. The original grant was 6527 restricted stock units, with 20% vesting on March 9, 2017, and the remaining 80% vesting in equal quarterly installments over the remaining 4 years.
F2Represents 5% vesting on December 9, 2018, with a release date of December 12, 2018, the first business day following the vesting. The original grant was 1856 restricted stock units, with 20% vesting on September 12, 2017, 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.