0001013857-22-000067.txt : 20220308 0001013857-22-000067.hdr.sgml : 20220308 20220308185621 ACCESSION NUMBER: 0001013857-22-000067 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20220301 FILED AS OF DATE: 20220308 DATE AS OF CHANGE: 20220308 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Higgins John Gerard CENTRAL INDEX KEY: 0001915414 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-11859 FILM NUMBER: 22723328 MAIL ADDRESS: STREET 1: C/O PEGASYSTEMS INC. STREET 2: 1 MAIN STREET CITY: CAMBRIDGE 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 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_164678376473685.xml FORM 4 X0306 4 2022-03-01 0 0001013857 PEGASYSTEMS INC PEGA 0001915414 Higgins John Gerard C/O PEGASYSTEMS INC. ONE MAIN STREET CAMBRIDGE MA 02142 0 1 0 0 Chief, Client &Partner Success Common stock 2022-03-01 4 M 0 461 0 A 1256 D Common stock 2022-03-01 4 F 0 258 87.12 D 998 D Common stock 2022-03-01 4 M 0 368 0 A 1366 D Common stock 2022-03-01 4 F 0 206 87.12 D 1160 D Restricted Stock Units 0.0 2022-03-01 4 A 0 1294 0 A 2023-03-01 Common stock 1294.0 1294 D Restricted Stock Units 0.0 2022-03-01 4 A 0 10285 0 A 2023-03-01 Common stock 10285.0 10285 D Stock Options 85.4 2022-03-01 4 A 0 32312 0 A 2023-03-01 2032-03-01 Common stock 32312.0 32312 D Restricted Stock Units 0.0 2022-03-01 4 M 0 461 0 D 2021-06-01 Common stock 461.0 7363 D Restricted Stock Units 0.0 2022-03-01 4 M 0 368 0 D 2022-03-01 Common stock 368.0 1474 D Represents a 5% vesting on March 1, 2022. The original grant was 9,207 restricted stock units with 5% vesting on June 1, 2021, and the remaining 95% vesting in 5% quarterly installments. Represents a 20% vesting on March 1, 2022. The original grant was 1,842 restricted stock units, with the remaining 80% will vest in 5% 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 amounts 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 John Gerard Higgins 2022-03-08