0001013857-23-000033.txt : 20230303 0001013857-23-000033.hdr.sgml : 20230303 20230303183559 ACCESSION NUMBER: 0001013857-23-000033 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230301 FILED AS OF DATE: 20230303 DATE AS OF CHANGE: 20230303 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: 23706651 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 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_167788653204827.xml FORM 4 X0306 4 2023-03-01 0 0001013857 PEGASYSTEMS INC PEGA 0001680115 STILLWELL KENNETH C/O PEGASYSTEMS INC. ONE MAIN STREET CAMBRIDGE MA 02142 0 1 0 0 COO, CFO Common stock 2023-03-01 4 M 0 4702 0 A 20482 D Common stock 2023-03-01 4 F 0 1229 46.38 D 19253 D Common stock 2023-03-01 4 M 0 2311 0 A 21564 D Common stock 2023-03-01 4 F 0 563 46.38 D 21001 D Common stock 2023-03-02 4 M 0 577 0 A 21578 D Common stock 2023-03-02 4 F 0 141 46.03 D 21437 D Common stock 2023-03-03 4 M 0 697 0 A 22134 D Common stock 2023-03-03 4 F 0 170 46.18 D 21964 D Restricted Stock Units 0.0 2023-03-01 4 M 0 4702 0 D 2023-03-01 Common stock 4702.0 18806 D Restricted Stock Units 0.0 2023-03-01 4 M 0 2311 0 D 2023-03-01 Common stock 2311.0 0 D Restricted Stock Units 0.0 2023-03-02 4 M 0 577 0 D 2022-03-02 Common stock 577.0 6916 D Restricted Stock Units 0.0 2023-03-03 4 M 0 697 0 D 2021-03-03 Common stock 697.0 5572 D Represents a 20% vesting on March 1, 2023. The original grant was 23,508 restricted stock units, with the remaining 80% vesting in equal quarterly installments over the remaining four years. Represents 100% vesting on March 1, 2023. The original grant was 2,311 restricted stock units, which were granted on March 1, 2022. As part of the Company's 2022 Corporate Incentive Compensation Plan (CICP), Mr. Stillwell elected to receive half of his annual bonus in RSUs. Represents a 5% vesting on March 2, 2023. The original grant was 11,527 restricted stock units, with 20% vesting on March 2, 2022, with the remaining 80% vesting in equal quarterly installments over the remaining four years. Represents a 5% vesting on March 3, 2023. The original grant was 13,931 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. Once vested, the shares of common stock are not subject to expiration. /s/ Jenna L. Burstyn, Attorney-in-Fact for Kenneth Stillwell 2023-03-03