0001193125-14-091821.txt : 20140310 0001193125-14-091821.hdr.sgml : 20140310 20140310171700 ACCESSION NUMBER: 0001193125-14-091821 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20140310 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20140310 DATE AS OF CHANGE: 20140310 FILER: 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 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-11859 FILM NUMBER: 14681885 BUSINESS ADDRESS: STREET 1: ONE ROGERS STREET CITY: CAMBRIDGE STATE: MA ZIP: 02142-1209 BUSINESS PHONE: 6173749600 MAIL ADDRESS: STREET 1: ONE ROGERS STREET CITY: CAMBRIDGE STATE: MA ZIP: 02142-1209 8-K 1 d689494d8k.htm FORM 8-K Form 8-K

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

Form 8-K

 

 

Current Report

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): March 10, 2014

 

 

Pegasystems Inc.

(Exact name of registrant as specified in its charter)

 

 

Commission File Number: 1-11859

 

Massachusetts   04-2787865

(State or other jurisdiction

of incorporation)

 

(IRS Employer

Identification No.)

1 Rogers Street, Cambridge, Massachusetts 02142

(Address of principal executive offices, including zip code)

617-374-9600

(Registrant’s telephone number, including area code)

Not Applicable

(Former name or former address, if changed since last report)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 


Item 8.01. Other Events

On March 10, 2014, Pegasystems Inc. (the “Company”) issued a press release announcing that the Board of Directors had approved a two-for-one (2:1) split of the Company’s common stock. Each stockholder of record at the close of business on March 20, 2014 will receive one additional share for each share held on the record date, with the distribution expected to occur on April 1, 2014. The Company expects that its common stock will begin trading on a post-split basis on April 2, 2014.

The Company is maintaining its current quarterly cash dividend program. The Company announced that the Q2 2014 dividend will be paid on a post-split, adjusted basis of $0.015 per share on April 21, 2014 to shareholders of record on April 7, 2014.

The press release announcing the stock split is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

 

Item 9.01. Financial Statements and Exhibits

 

99.1    Press Release, dated March 10, 2014.


Signature(s)

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

      Pegasystems Inc.
Date: March 10, 2014     By:  

/s/ Janet Mesrobian

      Janet Mesrobian
      Associate General Counsel and Secretary


Exhibit Index

 

Exhibit
No.

  

Description

99.1    Press Release, dated March 10, 2014
EX-99.1 2 d689494dex991.htm EX-99.1 EX-99.1

Exhibit 99.1

 

LOGO

Pegasystems Announces Two-for-One Stock Split

And Post-Split Quarterly Cash Dividend

CAMBRIDGE, Mass. – March 10, 2014Pegasystems Inc. (NASDAQ: PEGA), powering the digital enterprise with Better Business Software™ that helps organizations engage customers, simplify operations, and adapt to change, today announced that its Board of Directors has approved a two-for-one (2:1) split of the company’s common stock.

Each stockholder of record at the close of business on March 20, 2014 will receive one additional share for each share held on the record date, with the distribution expected to occur on April 1, 2014. The company expects that its common stock will begin trading on a post-split basis on April 2, 2014.

The company is maintaining its current quarterly cash dividend program. The company announced that the Q2 2014 dividend will be paid on a post-split, adjusted basis of $0.015 per share on April 21, 2014 to shareholders of record on April 7, 2014.

Forward-Looking Statements

Certain statements contained in this press release may be construed as “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995. The words “will”, “believe” and “expect” and similar expressions, among others, identify forward-looking statements, which speak only as of the date the statement was made.

These statements are based on current expectations and assumptions and involve various risks and uncertainties, which could cause the company’s actual results to differ from those expressed in such forward-looking statements. Further information regarding these and other factors which could cause the company’s actual results to differ materially from any forward-looking statements contained in this press release is contained in the company’s Annual Report on Form 10-K for the year ended December 31, 2013 and other recent filings with the Securities and Exchange Commission. These documents are available on the company’s website at www.pega.com/about-us/investors/sec-filings. The forward-looking statements contained in this press release represent the company’s views as of March 10, 2014. Investors are cautioned not to place undue reliance on such forward-looking statements and there are no assurances that the matters contained in such statements will be achieved. Although subsequent events may cause the company’s view to change, the company does not undertake and specifically disclaims any obligation to publicly update or revise these forward-looking statements whether as the result of new information, future events or otherwise. The statements should therefore not be relied upon as representing the company’s view as of any date subsequent to March 10, 2014.

RSS Feeds for Pegasystems Press Releases, Pegasystems Media Coverage and Pegasystems Events

About Pegasystems

Pegasystems Build for Change® Platform is the heart of Better Business Software™. It delivers business agility and empowers leading organizations to rapidly close execution gaps and seize new opportunities. Pegasystems leverages its recognized leadership in Business Process Management (BPM), Multi-Channel


Customer Relationship Management (CRM), Business Rules, and Adaptive Analytics to uniquely give its clients the power to engage customers, simplify operations and Build For Change®. For more information, please visit us at www.pega.com.

Press Contacts:

 

Brian Callahan    Christa Conte
Pegasystems Inc.    Hotwire PR
brian.callahan@pega.com    christa.conte@hotwirepr.com
(617) 866-6364    (646) 738-8962
Twitter: @pega   

All trademarks are the property of their respective owners.

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