0001013857-21-000046.txt : 20210304
0001013857-21-000046.hdr.sgml : 20210304
20210304173527
ACCESSION NUMBER: 0001013857-21-000046
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210302
FILED AS OF DATE: 20210304
DATE AS OF CHANGE: 20210304
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: TREFLER ALAN
CENTRAL INDEX KEY: 0001032235
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-11859
FILM NUMBER: 21715504
MAIL ADDRESS:
STREET 1: C/O PEGASYSTEMS INC
STREET 2: 101 MAIN STREET
CITY: CAMBRIDGE
STATE: MA
ZIP: 02142
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: PEGASYSTEMS INC
CENTRAL INDEX KEY: 0001013857
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROCESSING & DATA PREPARATION [7374]
IRS NUMBER: 042787865
STATE OF INCORPORATION: MA
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: ONE ROGERS STREET
CITY: CAMBRIDGE
STATE: MA
ZIP: 02142-1209
BUSINESS PHONE: 6173749600
MAIL ADDRESS:
STREET 1: ONE ROGERS STREET
CITY: CAMBRIDGE
STATE: MA
ZIP: 02142-1209
4
1
wf-form4_161489730500103.xml
FORM 4
X0306
4
2021-03-02
0
0001013857
PEGASYSTEMS INC
PEGA
0001032235
TREFLER ALAN
C/O PEGASYSTEMS INC. ONE ROGERS STREET
CAMBRIDGE
MA
02142
0
1
1
0
C.E.O. & Chairman
Common stock
2021-03-03
4
M
0
5572
0
A
39799089
D
Common stock
2021-03-03
4
F
0
1651
130.45
D
39797438
D
Restricted Stock Units
0.0
2021-03-02
4
A
0
2235
0
A
2022-03-02
Common stock
2235.0
2235
D
Restricted Stock Units
0.0
2021-03-02
4
A
0
24976
0
A
2022-03-02
Common stock
24976.0
24976
D
Stock Options
130.45
2021-03-02
4
A
0
85428
0
A
2022-03-02
2031-03-02
Common stock
85428.0
85428
D
Restricted Stock Units
0.0
2021-03-03
4
M
0
5572
0
D
2021-03-03
Common stock
5572.0
22290
D
Represents 20% vesting on March 3, 2021. The original grant was 27,862 restricted stock units, with the remaining 80% vesting in equal quarterly installments over the next four years.
Does not include shares of common stock subject to unvested restricted stock units and/or options awards.
Each restricted stock unit represents the right to receive, following vesting, one share of the issuer's common stock.
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, 2021. All RSUs vest 100% on March 2, 2022, subject to the attainment of the CICP performance threshold funding for the year ending December 31, 2021.
Once vested, the shares of common stock are not subject to expiration.
RSUs will vest 20% on March 2, 2022, with the remaining 80% vesting in equal quarterly installments over the remaining four years.
Options will vest 20% on March 2, 2022, with the remaining 80% vesting in equal quarterly installments over the remaining four years.
/s/ Donald L. Lancaster, Attorney-in-Fact for Alan Trefler
2021-03-04