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