STILLWELL KENNETH, COO, CFO, reported a transaction classified as withholding at PEGASYSTEMS INC involving 7069.000000 shares for an estimated $600511.55. Reported holdings after the transaction were 20357.000000 shares. A 10b5-1 reference was not detected in the stored filing text.
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COO, CFO
Represents the exercise price of the stock options referenced in Table II and Mr. Stillwell's tax liability, which were paid by way of the Company withholding shares of equal value.
Represents the weighted average of sale prices, ranging from $84.71 to $84.73. The individual has provided the Company, and undertakes to provide to the staff of the Securities and Exchange Commission…
Does not include shares of common stock subject to unvested restricted stock units and/or options awards.
Options vested 20% on March 5, 2019, with the remaining 80% vesting in equal quarterly amounts over the following four years.
Options will vest in equal quarterly installments over a four year period. The first vest occurred on February 2, 2023.
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