06/03/2025 | Press release | Distributed by Public on 06/03/2025 15:23
FORM 4
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) |
4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Restricted Stock Units(8) | $ 0 | 06/02/2025 | M | 93(1) | 03/01/2023 | (9) | Common stock | 93 | $ 0 | 645 | D | ||||
Restricted Stock Units(8) | $ 0 | 06/02/2025 | M | 460(6) | 06/01/2021 | (9) | Common stock | 460 | $ 0 | 1,380 | D | ||||
Restricted Stock Units(8) | $ 0 | 06/02/2025 | M | 92(3) | 03/01/2022 | (9) | Common stock | 92 | $ 0 | 276 | D | ||||
Restricted Stock Units(8) | $ 0 | 06/02/2025 | M | 514(4) | 03/01/2023 | (9) | Common stock | 514 | $ 0 | 3,600 | D | ||||
Restricted Stock Units(8) | $ 0 | 06/02/2025 | M | 92(5) | 03/01/2024 | (9) | Common stock | 92 | $ 0 | 1,015 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Higgins John Gerard C/O PEGASYSTEMS INC. 225 WYMAN STREET, STE 300 WALTHAM, MA 02451 |
Chief, Client &Partner Success |
/s/ Ewelina Kemp, Attorney-in-Fact for John Gerard Higgins | 06/03/2025 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Represents a 5% vesting on June 1, 2025, with a release date of June 2, 2025, the first business day following vesting. The original grant was 1,844 restricted stock units, with 20% vesting on March 1, 2023, and the remaining 80% vesting in equal quarterly installments over the remaining four years. |
(2) | Tendered to issuer to satisfy tax withholding obligations of the reporting person, exempted pursuant to Rule 16b-3(e). |
(3) | Represents a 5% vesting on June 1, 2025, with a release date of June 2, 2025, the first business day following vesting. The original grant was 1,842 restricted stock units, with 20% vesting on March 1, 2022, and the remaining 80% vesting in equal quarterly installments over the remaining four years. |
(4) | Represents a 5% vesting on June 1, 2025, with a release date of June 2, 2025, the first business day following vesting. The original grant was 10,285 restricted stock units, with 20% vesting on March 1, 2023 and the remaining 80% vesting in equal quarterly installments over the remaining four years. |
(5) | Represents a 5% vesting on June 1, 2025, with a release date of June 2, 2025, the first business day following vesting. The original grant was 1,845 restricted stock units, with 20% vesting on March 1, 2024, and the remaining 80% vesting in equal quarterly installments over the remaining four years. |
(6) | Represents a 5% vesting on June 1, 2025, with a release date of June 2, 2025, the first business day following vesting. The original grant was 9,207 restricted stock units, with 20% vesting on June 1, 2021, and the remaining 80% vesting in equal quarterly installments over the remaining four years. |
(7) | Does not include shares of common stock subject to unvested restricted stock units and/or options awards. |
(8) | Each restricted stock unit represents the right to receive, following vesting, one share of the issuer's common stock. |
(9) | Once vested, the shares of common stock are not subject to expiration. |