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