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