other
confidence high
sentiment neutral
materiality 0.25
Pegasystems Compensation Committee approves 2025 executive bonus plan
PEGASYSTEMS INC
- Plan funding based 75% on financial goals and 25% on strategic goals; threshold is 70% of target.
- If Corporate Goal attainment below 70%, no bonus pool is funded; above 100% allows discretionary enhancement.
- Executives may elect 50% of target bonus as RSUs at 85% of grant-date FMV, vesting fully on payout date.
- RSU vesting conditioned on threshold funding and individual performance; grant expires if threshold not met.
- Compensation Committee retains discretion to increase or decrease corporate funding or individual payouts.