Stafford Hayden 4

4 · PEGASYSTEMS INC · Filed Mar 4, 2022

Form 4

Period: 2022-03-02

President

Transactions

Exercise/Conversion
Common stock
2022-03-02+971→ 9,080 total
Exercise/Conversion
Common stock
2022-03-02+384→ 9,193 total
Tax Payment
Common stock
2022-03-02$85.40/sh−107$9,138→ 9,086 total
Exercise/Conversion
Restricted Stock Units
2022-03-02−384→ 1,538 total
Exercise: $0.00From: 2022-03-02→ Common stock (384 underlying)
Tax Payment
Common stock
2022-03-02$85.40/sh−271$23,143→ 8,809 total
Exercise/Conversion
Restricted Stock Units
2022-03-02−971→ 0 total
Exercise: $0.00From: 2022-03-02→ Common stock (971 underlying)

Footnotes (5)

[F1]Represents 100% vesting on March 2, 2022. The original grant was 971 restricted stock units, which were granted on March 2, 2021. As part of the Company's 2021 Corporate Incentive Compensation Plan (CICP), Mr. Stafford elected to receive half of his annual bonus in RSUs.
[F2]Represents a 20% vesting on March 2, 2022. The original grant was 1,922 restricted stock units, with the remaining 80% vesting in equal quarterly installments over the remaining four years.
[F3]Does not include shares of common stock subject to unvested restricted stock units and/or options awards.
[F4]Each restricted stock unit represents the right to receive, following vesting, one share of the issuer's common stock.
[F5]Once vested, the shares of common stock are not subject to expiration.

Documents

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