SEC Form 4 · accession 0001209191-19-018194

PEGASYSTEMS INC · PEGA

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

Reporting owner

Officer — SVP, Global Customer Success

Period of report

Mar 6, 2019

Accepted (ET)

Mar 8, 2019 · 5:12 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	Nature of ownership
Common Stock^F1	Mar 7, 2019	M	504	$0.00	A	32,649	D
Common Stock^F2	Mar 7, 2019	F	149	$64.35	D	32,500	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Restricted Stock Units^F3,F4,F5	$0.00	Mar 6, 2019	A	6,635	A	Mar 6, 2020	—	Common Stock	6,635	6,635	D
Stock Options^F6	$64.35	Mar 6, 2019	A	22,595	A	Mar 6, 2020	Mar 6, 2029	Common Stock	22,595	22,595	D
Restricted Stock Units^F3,F1,F5	$0.00	Mar 7, 2019	M	504	D	Mar 7, 2015	—	Common Stock	504	0	D

F1Represents 5% vesting on March 7, 2019. The original grant was 10,054 restricted stock units, with 20% vesting on March 7, 2015, and the remaining 80% vesting in equal quarterly installments over the remaining 4 years.
F2Does not include shares of common stock subject to unvested restricted stock units and/or options awards.
F3Each restricted stock unit represents the right to receive, following vesting, one share of the issuer's common stock.
F4RSUs will vest 20% on March 6, 2020, with the remaining 80% vesting in equal quarterly installments over the remaining four years.
F5Once vested, the shares of common stock are not subject to expiration.
F6Options will vest 20% on March 6, 2020, with the remaining 80% vesting in equal quarterly installments over the remaining four years.