0001013857-21-000056.txt : 20210304
0001013857-21-000056.hdr.sgml : 20210304
20210304175717
ACCESSION NUMBER: 0001013857-21-000056
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: KOUNINIS EFSTATHIOS A
CENTRAL INDEX KEY: 0001353196
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-11859
FILM NUMBER: 21715624
MAIL ADDRESS:
STREET 1: 26 GRANDVIEW DRIVE
CITY: DOVER
STATE: NH
ZIP: 03820
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_161489861123940.xml
FORM 4
X0306
4
2021-03-02
0
0001013857
PEGASYSTEMS INC
PEGA
0001353196
KOUNINIS EFSTATHIOS A
C/O PEGASYSTEMS INC.
ONE ROGERS STREET
CAMBRIDGE
MA
02142
0
1
0
0
VP of Finance & CAO
Common stock
2021-03-02
4
M
0
171
0
A
861
D
Common stock
2021-03-02
4
F
0
51
136.08
D
810
D
Common stock
2021-03-03
4
M
0
642
0
A
1452
D
Common stock
2021-03-03
4
F
0
157
130.45
D
1295
D
Common stock
2021-03-03
4
M
0
307
0
A
1602
D
Common stock
2021-03-03
4
F
0
75
130.45
D
1527
D
Restricted Stock Units
0.0
2021-03-02
4
M
0
171
0
D
2018-03-02
Common stock
171.0
682
D
Restricted Stock Units
0.0
2021-03-02
4
A
0
461
0
A
2022-03-02
Common stock
461.0
461
D
Restricted Stock Units
0.0
2021-03-02
4
A
0
1057
0
A
2022-03-02
Common stock
1057.0
1057
D
Stock Options
130.45
2021-03-02
4
A
0
3615
0
A
2022-03-02
2031-03-02
Common stock
3615.0
3615
D
Restricted Stock Units
0.0
2021-03-03
4
M
0
642
0
D
2021-03-03
Common stock
642.0
0
D
Restricted Stock Units
0.0
2021-03-03
4
M
0
307
0
D
2021-03-03
Common stock
307.0
1226
D
Represents a 5% vesting on March 2, 2021. The original grant was 3,410 restricted stock units, with 20% vesting on March 2, 2018, and the remaining 80% vesting in equal quarterly installments over the remaining four years.
Represents 100% vesting on March 3, 2021. The original grant was 1,195 restricted stock units, which were granted on March 3, 2020. As part of the Company's 2020 Corporate Incentive Compensation Plan(CICP), Mr. Kouninis elected to receive half of his annual bonus in RSUs.
Represents 20% vesting on March 3, 2021. The original grant was 1,533 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.
Once vested, the shares of common stock are not subject to expiration.
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 attainment of the CICP performance threshold funding for the year ending December 31, 2021.
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 Efstathios A. Kouninis
2021-03-04