0001013857-24-000071.txt : 20240311
0001013857-24-000071.hdr.sgml : 20240311
20240311174816
ACCESSION NUMBER: 0001013857-24-000071
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240307
FILED AS OF DATE: 20240311
DATE AS OF CHANGE: 20240311
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: STILLWELL KENNETH
CENTRAL INDEX KEY: 0001680115
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-11859
FILM NUMBER: 24739418
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]
ORGANIZATION NAME: 06 Technology
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
wk-form4_1710193687.xml
FORM 4
X0508
4
2024-03-07
0
0001013857
PEGASYSTEMS INC
PEGA
0001680115
STILLWELL KENNETH
C/O PEGASYSTEMS INC.
ONE MAIN STREET
CAMBRIDGE
MA
02142
0
1
0
0
COO, CFO
0
Common stock
2024-03-07
4
M
0
4631
0
A
22374
D
Common stock
2024-03-07
4
F
0
1823
63.37
D
20551
D
Common stock
2024-03-07
4
M
0
10442
0
A
30993
D
Common stock
2024-03-07
4
F
0
4109
63.37
D
26884
D
Restricted Stock Units
0
2024-03-07
4
M
0
4631
0
D
2024-03-07
Common stock
4631
0
D
Restricted Stock Units
0
2024-03-07
4
M
0
10442
0
D
2024-03-07
Common stock
10442
31326
D
Represents 100% vesting on March 7, 2024. The original grant was 4,631 restricted stock units, which were granted on March 7, 2023. As part of the Company's 2023 Corporate Incentive Compensation Plan (CICP), Mr. Stillwell elected to receive half of his annual bonus in RSUs.
Tendered to issuer to satisfy tax withholding obligations of the reporting person, exempted pursuant to Rule 16b-3(e).
Represents a 25% vesting on March 7, 2024. The original grant was 41,768 restricted stock units, with the remaining 75% vesting in equal quarterly installments over the remaining three 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/ Ewelina Kemp, Attorney-in-Fact for Kenneth Stillwell
2024-03-11