0001181431-11-019293.txt : 20110321
0001181431-11-019293.hdr.sgml : 20110321
20110321165305
ACCESSION NUMBER: 0001181431-11-019293
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20110317
FILED AS OF DATE: 20110321
DATE AS OF CHANGE: 20110321
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: PYLE MICHAEL R
CENTRAL INDEX KEY: 0001222579
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-11859
FILM NUMBER: 11701740
MAIL ADDRESS:
STREET 1: C/O PEGASYSTEMS INC
STREET 2: 101 MAIN STREET
CITY: CAMBRIGE
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: 101 MAIN ST
CITY: CAMBRIDGE
STATE: MA
ZIP: 02142-1590
BUSINESS PHONE: 6173749600
MAIL ADDRESS:
STREET 1: 101 MAIN ST
CITY: CAMBRIDGE
STATE: MA
ZIP: 02142-1590
4
1
rrd306089.xml
FORM 4 MIKE PYLE MARCH 21, 2011 - CICP AND EQUITY GRANT
X0303
4
2011-03-17
0
0001013857
PEGASYSTEMS INC
PEGA
0001222579
PYLE MICHAEL R
C/O PEGASYSTEMS INC.
101 MAIN STREET
CAMBRIDGE
MA
02142
0
1
0
0
Senior VP, Engineering
Common Stock
7089
D
Stock Option - Right to Acquire
32.04
2011-03-17
4
A
0
6225
0
A
2012-03-17
2021-03-17
Common Stock
6225
6225
D
Restricted Stock Units
0
2011-03-17
4
A
0
2363
0
A
2012-03-17
Common Stock
2363
2363
D
Restricted Stock Units
0
2011-03-17
4
A
0
2245
0
A
2012-03-09
Common Stock
2245
2245
D
All options vest 20% on March 17, 2012, and the remaining 80% vest in equal quarterly installments over the remaining four years.
Each restricted stock unit represents the right to receive, following vesting, one share of Pegasystems Inc.'s common stock.
All RSUs vest 20% on March 17, 2012, and the remaining 80% vest in equal quarterly installments over the remaining four years.
Once vested, the shares of common stock are not subject to expiration.
Represents election by individual, as part of the Company's Corporate Incentive Compensation Plan, to receive half of his annual bonus in RSUs, based upon the Company's stock price as of March 17, 2011. All RSUs fully vest on March 9, 2012.
/s/ Shawn Hoyt, Esq., as Attorney-In-Fact for Michael R. Pyle
2011-03-21