0001209191-16-140122.txt : 20160906
0001209191-16-140122.hdr.sgml : 20160906
20160906165909
ACCESSION NUMBER: 0001209191-16-140122
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20160901
FILED AS OF DATE: 20160906
DATE AS OF CHANGE: 20160906
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: 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
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: KRA DOUGLAS I
CENTRAL INDEX KEY: 0001237268
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-11859
FILM NUMBER: 161871404
MAIL ADDRESS:
STREET 1: 101 MAIN STREET
STREET 2: C/O PEGASYSTEMS INC.
CITY: CAMBRIDGE
STATE: MA
ZIP: 02142
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2016-09-01
0
0001013857
PEGASYSTEMS INC
PEGA
0001237268
KRA DOUGLAS I
C/O PEGASYSTEMS INC.
1 ROGERS STREET
CAMBRIDGE
MA
02142
0
1
0
0
SVP, Global Customer Success
Common Stock
2016-09-01
4
M
0
1524
0.00
A
36465
D
Common Stock
2016-09-01
4
F
0
734
25.80
D
35731
D
Common Stock
2016-09-01
4
S
0
790
25.75
D
34941
D
Common Stock
2016-09-02
4
M
0
557
0.00
A
35498
D
Common Stock
2016-09-02
4
F
0
181
25.85
D
35317
D
Stock Options
6.00
2016-09-01
4
M
0
1524
0.00
D
2008-12-13
2017-12-13
Common Stock
32000
22856
D
Restricted Stock Units
0.00
2016-09-02
4
M
0
557
0.00
D
2016-03-02
Common Stock
11145
7802
D
Represents the exercise price of the Stock Options referenced in Table II and Mr. Kra's tax liability, which were paid by way of withholding by the Company of shares of equal value.
Sold pursuant to a pre-arranged stock trading plan under rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
Represents the weighted average of the sale prices on September 1, 2016, ranging from $25.64 to $25.80.
Represents 5% vesting on September 2, 2016. The original grant was 11145 restricted stock units, with 20% vesting on March 2, 2016, and the remaining 80% vesting in equal quarterly installments over the remaining 4 years.
Options vested 20% on December 13, 2008, with the remaining 80% vesting in equal quarterly installments over the next four years.
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.
/s/ Janet Mesrobian, Esq., Attorney-In-Fact for Douglas Kra
2016-09-06