0001181431-12-016032.txt : 20120309
0001181431-12-016032.hdr.sgml : 20120309
20120309162017
ACCESSION NUMBER: 0001181431-12-016032
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20120307
FILED AS OF DATE: 20120309
DATE AS OF CHANGE: 20120309
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: 12680887
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
rrd338136.xml
FORM 4 MIKE PYLE MARCH 9, 2012 CICP
X0304
4
2012-03-07
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
2012-03-09
4
M
0
2245
0
A
5948
D
Common Stock
2012-03-09
4
F
0
788
36.97
D
5160
D
Stock Option - Right to Acquire
36.05
2012-03-07
4
A
0
6850
0
A
2013-03-07
2022-03-07
Common Stock
6850
6850
D
Restricted Stock Units
0
2012-03-07
4
A
0
2798
0
A
2013-03-07
Common Stock
2798
2798
D
Restricted Stock Units
0
2012-03-07
4
A
0
2053
0
A
2013-03-07
Common Stock
2053
2053
D
Restricted Stock Units
0
2012-03-09
4
M
0
2245
0
D
2012-03-09
Common Stock
2245
0
D
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 9, 2011. All RSUs fully vest on March 9, 2012.
Each restricted stock unit represents the right to receive, following vesting, one share of Pegasystems Inc.'s common stock.
Once vested, the shares of common stock are not subject to expiration.
All Options vest 20% on March 7, 2013, and the remaining 80% vest in equal quarterly installments over the remaining four years.
All RSUs vest 20% on March 7, 2013, and the remaining 80% vest in equal quarterly installments over the remaining four years.
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 7, 2012. All RSUs fully vest on March 7, 2013.
/s/ Shawn Hoyt, Esq., as Attorney-In-Fact for Michael R. Pyle
2012-03-09