0001013857-21-000070.txt : 20210309
0001013857-21-000070.hdr.sgml : 20210309
20210309163339
ACCESSION NUMBER: 0001013857-21-000070
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210305
FILED AS OF DATE: 20210309
DATE AS OF CHANGE: 20210309
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: STILLWELL KENNETH
CENTRAL INDEX KEY: 0001680115
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-11859
FILM NUMBER: 21726341
MAIL ADDRESS:
STREET 1: ONE ROGERS STREET
CITY: CAMBRDIGE
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_161532560379623.xml
FORM 4
X0306
4
2021-03-05
0
0001013857
PEGASYSTEMS INC
PEGA
0001680115
STILLWELL KENNETH
C/O PEGASYSTEMS INC.
ONE ROGERS STREET
CAMBRIDGE
MA
02142
0
1
0
0
CFO, SVP
Common stock
2021-03-05
4
M
0
426
0
A
8919
D
Common stock
2021-03-05
4
F
0
189
118.46
D
8730
D
Common stock
2021-03-08
4
M
0
429
0
A
9159
D
Common stock
2021-03-08
4
F
0
191
121.08
D
8968
D
Common stock
2021-03-08
4
M
0
469
44.30
A
9437
D
Common stock
2021-03-08
4
F
0
307
117.31
D
9130
D
Common stock
2021-03-08
4
M
0
1372
58.95
A
10502
D
Common stock
2021-03-08
4
F
0
993
117.31
D
9509
D
Common stock
2021-03-08
4
M
0
1462
64.35
A
10971
D
Common stock
2021-03-08
4
F
0
1095
117.31
D
9876
D
Common stock
2021-03-08
4
S
0
908
117.33
D
8968
D
Restricted Stock Units
0.0
2021-03-05
4
M
0
426
0
D
2019-03-05
Common stock
426.0
3410
D
Restricted Stock Units
0.0
2021-03-08
4
M
0
429
0
D
2020-03-06
Common stock
429.0
5152
D
Stock Options
44.3
2021-03-08
4
M
0
469
0
D
2018-03-02
2027-03-02
Common stock
469.0
1876
D
Stock Options
58.95
2021-03-08
4
M
0
1372
0
D
2019-03-05
2028-03-05
Common stock
1372.0
10978
D
Stock Options
64.35
2021-03-08
4
F
0
1462
0
D
2020-03-06
2029-03-06
Common stock
1462.0
17544
D
Represents a 5% vesting on March 5, 2021. The original grant was 8,524 restricted stock units, with 20% vesting on March 5, 2019, and the remaining 80% vesting in equal quarterly installments over the remaining four years.
Represents a 5% vesting on March 6, 2021, with a release date on March 8, 2021, the first business day following the vesting. The original grant was 8,586 restricted stock units, with 20% vesting on March 6, 2020, and the remaining 80% vesting in equal quarterly installments over the remaining four years.
Represents the exercise price for the stock options referenced in Table II and Mr. Stillwell's tax liability, which were paid by way of the Company withholding shares of equal value.
Represents the weighted average of sale prices, ranging from $117.30 to $117.46 . The individual has provided the Company, and undertakes to provide to the staff of the Security and Exchange Commission or any security holder of the Company, upon request, full information regarding the number of shares sold at each separate price.
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.
Options vested 20% on March 2, 2018, with the remaining 80% vesting in equal quarterly amounts over the next four years.
Options vested 20% on March 5, 2019, with the remaining 80% vesting in equal quarterly amounts over the next four years.
Options vested 20% on March 6, 2020, with the remaining 80 vesting in equal quarterly installments over the next four years.
/s/ Donald L. Lancaster, Attorney-in-Fact for Kenneth Stillwell
2021-03-09