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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1013857	Pegasystems Inc	PEGA	Services-Computer Processing & Data Preparation (7374)	042787865

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1353196	A Efstathios Kouninis	C/O Pegasystems Inc. 1 Rogers Street Cambridge MA 02142	Vp Of Finance & Cao	No	Yes	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2017-03-02	309	$0.00	349	No	4	M	Direct
Common Stock	Disposition	2017-03-02	117	$45.20	232	No	4	F	Direct
Common Stock	Disposition	2017-03-02	232	$44.50	0	No	4	S	Direct
Common Stock	Acquisiton	2017-03-02	844	$0.00	844	No	4	M	Direct
Common Stock	Disposition	2017-03-02	560	$44.65	284	No	4	F	Direct
Common Stock	Disposition	2017-03-02	284	$44.62	0	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	F	Direct
No	4	S	Direct
No	4	M	Direct
No	4	F	Direct
No	4	S	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Restricted Stock Units	Disposition	2017-03-02	309	$0.00	6,192	$0.00
Common Stock	Stock Options	Disposition	2017-03-02	844	$0.00	16,870	$20.49
Common Stock	Restricted Stock Units	Acquisiton	2017-03-02	3,410	$0.00	3,410	$0.00
Common Stock	Stock Options	Acquisiton	2017-03-02	11,253	$0.00	11,253	$44.30
Common Stock	Restricted Stock Units	Acquisiton	2017-03-02	1,140	$0.00	1,140	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
3,716	2016-03-02		No	4	M	Direct
10,122	2016-03-02	2025-03-02	No	4	M	Direct
3,410	2018-03-02		No	4	A	Direct
11,253	2018-03-02	2027-03-02	No	4	A	Direct
1,140	2018-03-02		No	4	A	Direct

Footnotes

Represents 5% vesting on March 2, 2017. The original grant was 6,192 restricted stock units, with 20% vesting on March 2, 2016, and the remaining 80% vesting in equal quarterly installments over the remaining 4 years.
Represents the exercise price of the Stock Options referenced in Table II and Mr. Kouninis' tax liability, which were paid by way of withholding by the Company of shares of equal value.
Represents the weighted average of the sale prices on March 2, 2017, ranging from $44.60 to $44.65.
Each restricted stock unit represents the right to receive, following vesting, one share of Pegasystems Inc.'s common stock.
Once vested, the shares of common stock are not subject to expiration.
RSUs vest 20% on March 2, 2018, and the remaining 80% vest in equal quarterly installments over the remaining four years.
Options vest 20% on March 2, 2018, and the remaining 80% vest in equal quarterly installments over the remaining four years.
Represents election by the individual, as part of the Company's Corporate Incentive Plan (CICP), to receive half of their annual bonus in RSUs, based upon the Company's stock price as of March 2, 2017. All RSUs vest 100% on March 2, 2018, subject to attainment of the CICP performance threshold for the year ending December 31, 2017.