STILLWELL KENNETH 4

Accession 0001680115-25-000018

CIK 0001013857other

View on SEC.gov Company Profile

Filed

Dec 8, 7:00 PM ET

Accepted

Dec 9, 4:53 PM ET

Size

27.0 KB

Accession

0001680115-25-000018

Insider Transaction Report

Form 4

Period: 2025-12-05

PEGASYSTEMS INCPEGA

STILLWELL KENNETH

COO, CFO

Transactions

Exercise/Conversion
Common stock
2025-12-05+4,402→ 134,352 total
Tax Payment
Common stock
2025-12-05$57.00/sh−1,733$98,781→ 132,619 total
Exercise/Conversion
Common stock
2025-12-05$32.18/sh+29,240$940,943→ 161,859 total
Exercise/Conversion
Common stock
2025-12-05$31.05/sh+20,000$621,000→ 181,859 total
Tax Payment
Common stock
2025-12-05$57.56/sh−35,833$2,062,547→ 146,026 total
Sale
Common stock
2025-12-05$57.89/sh−7,821$452,758→ 138,205 total
Sale
Common stock
2025-12-05$57.86/sh−5,586$323,206→ 132,619 total
Sale
Common stock
2025-12-05$57.75/sh−998$57,638→ 131,621 total
Exercise/Conversion
Common stock
2025-12-07+5,222→ 136,843 total
Tax Payment
Common stock
2025-12-07$60.11/sh−2,055$123,526→ 134,788 total
Exercise/Conversion
Restricted Stock Units
2025-12-05−4,402→ 39,620 total
Exercise: $0.00From: 2025-03-05Exp: 2028-03-05→ Common stock (4,402 underlying)
Exercise/Conversion
Stock Options
2025-12-05−29,240→ 0 total
Exercise: $32.18From: 2020-03-06Exp: 2029-03-06→ Common stock (29,240 underlying)
Exercise/Conversion
Stock Options
2025-12-05−20,000→ 0 total
Exercise: $31.05From: 2025-03-05Exp: 2034-03-05→ Common stock (20,000 underlying)
Exercise/Conversion
Restricted Stock Units
2025-12-07−5,222→ 26,104 total
Exercise: $0.00From: 2024-03-07Exp: 2027-03-07→ Common stock (5,222 underlying)

Footnotes (6)

[F1]Each restricted stock unit represents the right to receive, following vesting, one share of the issuer's common stock.
[F2]Represents the weighted average of sale prices, ranging from $57.86 to $57.89. The individual has provided the Company, and undertakes to provide to the staff of the Security and Exchange Commission or any security holder of the Company, upon request, full information regarding the number of shares sold at each separate price.
[F3]Represents the weighted average of sale prices, ranging from $57.70 to $57.80. The individual has provided the Company, and undertakes to provide to the staff of the Security and Exchange Commission or any security holder of the Company, upon request, full information regarding the number of shares sold at each separate price.
[F4]This restricted stock unit award vested 25% on the Date Exercisable in Table II, with the remaining 75% vesting in equal quarterly amounts over the remaining 3 years.
[F5]This stock option is fully vested.
[F6]On March 5, 2024, the reporting person was granted an option to purchase 80,000 shares of common stock. The option vests in two installments, with up to 25% to vest on the Date Exercisable in Table II based on Pegasystems' satisfaction of certain performance criteria for the fiscal year ended December 31, 2024, and with up to 75% to vest on the second anniversary of the date of grant based on Pegasystems' satisfaction of certain performance criteria for the fiscal year ended December 31, 2025. The performance criteria for the fiscal year ended December 31, 2024 were met in full, resulting in vesting of the option as to 20,000 shares.

Documents

1 file

4
wk-form4_1765317182.xmlPrimary
FORM 4

Issuer

PEGASYSTEMS INC

CIK 0001013857

→

Entity typeother

Related Parties

filerCIK 0001680115

Filing Metadata

Form type: 4
Filed: Dec 8, 7:00 PM ET
Accepted: Dec 9, 4:53 PM ET
Size: 27.0 KB

View on SEC.gov