0001013857-22-000051.txt : 20220303 0001013857-22-000051.hdr.sgml : 20220303 20220303184959 ACCESSION NUMBER: 0001013857-22-000051 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20220301 FILED AS OF DATE: 20220303 DATE AS OF CHANGE: 20220303 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: 22711166 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 MAIN STREET CITY: CAMBRIDGE STATE: MA ZIP: 02142-1531 BUSINESS PHONE: 6173749600 MAIL ADDRESS: STREET 1: ONE MAIN STREET CITY: CAMBRIDGE STATE: MA ZIP: 02142-1531 4 1 wf-form4_164635138102175.xml FORM 4 X0306 4 2022-03-01 0 0001013857 PEGASYSTEMS INC PEGA 0001353196 KOUNINIS EFSTATHIOS A C/O PEGASYSTEMS INC. ONE MAIN STREET CAMBRIDGE MA 02142 0 1 0 0 VP of Finance & CAO Common stock 2022-03-02 4 M 0 171 0 A 2142 D Common stock 2022-03-02 4 F 0 51 85.40 D 2091 D Common stock 2022-03-02 4 M 0 461 0 A 2552 D Common stock 2022-03-02 4 F 0 137 85.40 D 2415 D Common stock 2022-03-02 4 M 0 211 0 A 2626 D Common stock 2022-03-02 4 F 0 63 85.40 D 2563 D Common stock 2022-03-03 4 M 0 76 0 A 2639 D Common stock 2022-03-03 4 F 0 23 85.99 D 2616 D Restricted Stock Units 0.0 2022-03-01 4 A 0 704 0 A 2023-03-01 Common stock 704.0 704 D Restricted Stock Units 0.0 2022-03-01 4 A 0 2057 0 A 2023-03-01 Common stock 2057.0 2057 D Stock Options 85.4 2022-03-01 4 A 0 6463 0 A 2023-03-01 2032-03-01 Common stock 6463.0 6463 D Restricted Stock Units 0.0 2022-03-02 4 M 0 171 0 D 2018-03-02 Common stock 171.0 0 D Restricted Stock Units 0.0 2022-03-02 4 M 0 461 0 D 2022-03-02 Common stock 461.0 0 D Restricted Stock Units 0.0 2022-03-02 4 M 0 211 0 D 2022-03-02 Common stock 211.0 846 D Restricted Stock Units 0.0 2022-03-03 4 M 0 76 0 D 2021-03-03 Common stock 76.0 920 D Represents a 5% vesting on March 2, 2022. 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 2, 2022. The original grant was 461 restricted stock units, which were granted on March 2, 2021. As part of the Company's 2021 Corporate Incentive Compensation Plan (CICP), Mr. Kouninis elected to receive half of his annual bonus in RSUs. Represents a 20% vesting on March 2, 2022. The original grant was 1,057 restricted stock units, with the remaining 80% vesting in equal quarterly installments over the remaining four years. Represents a 5% vesting on March 3, 2022. The original grant was 1,533 restricted stock units, with 20% vesting on March 3, 2021, and the remaining 80% vesting in equal quarterly installments over the remaining 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 1, 2022. All RSUs vest 100% on March 1, 2023, subject to attainment of the CICP performance threshold funding for the year ending December 31, 2022. Once vested, the shares of common stock are not subject to expiration. RSUs will vest 20% on March 1, 2023, with the remaining 80% vesting in equal quarterly installments over the remaining four years. Options will vest 20% on March 1, 2023, with the remaining 80% vesting in equal quarterly installments over the remaining four years. /s/ Jenna L. Burstyn, Attorney-in-Fact for Efstathios A. Kouninis 2022-03-03