Pegasystems boosts share reserve by 6M shares in LTIP amendment; discloses 2023 executive comp

PEGASYSTEMS INC

Board approved amendment to 2004 LTIP, increasing shares available by 6,000,000, subject to shareholder approval.
CEO Alan Trefler: base salary $495,000, target bonus 100%; COO/CFO Kenneth Stillwell: $530,000, 70% target.
Chief Product Officer Kerim Akgonul: $450,000 base, 60% target; Chief of Clients Leon Trefler: $400,000 base, 50% target plus $375,000 sales commissions.
John Higgins (Chief of Client & Partner Success): base £371,000, 50% target plus £145,000 sales commissions.
Aggregate target incentive payments for executive officers total $1,336,000 and £185,500.

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