0001209191-17-018410.txt : 20170306 0001209191-17-018410.hdr.sgml : 20170306 20170306172350 ACCESSION NUMBER: 0001209191-17-018410 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20170302 FILED AS OF DATE: 20170306 DATE AS OF CHANGE: 20170306 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: PYLE MICHAEL R CENTRAL INDEX KEY: 0001222579 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-11859 FILM NUMBER: 17668876 MAIL ADDRESS: STREET 1: C/O PEGASYSTEMS INC STREET 2: 101 MAIN STREET CITY: CAMBRIGE STATE: MA ZIP: 02142 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2017-03-02 0 0001013857 PEGASYSTEMS INC PEGA 0001222579 PYLE MICHAEL R C/O PEGASYSTEMS INC. 1 ROGERS STREET CAMBRIDGE MA 02142 0 1 0 0 Senior VP, Engineering Common Stock 2017-03-02 4 M 0 558 0.00 A 27908 D Common Stock 2017-03-02 4 F 0 182 45.20 D 27726 D Restricted Stock Units 0.00 2017-03-02 4 M 0 558 0.00 D 2016-03-02 Common Stock 11145 6687 D Restricted Stock Options 0.00 2017-03-02 4 A 0 4534 0.00 A 2018-03-02 Common Stock 4534 4534 D Restricted Stock Units 0.00 2017-03-02 4 A 0 2901 0.00 A 2018-03-02 Common Stock 2901 2901 D Represents 5% vesting on March 2, 2017. The original grant was 11,145 restricted stock units, with 20% vesting on March 2, 2016, and the remaining 80% vesting in equal quarterly installments over the remaining 4 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. RSUs vest 50% on March 2, 2018, and the remaining 50% vests on March 2, 2019. Represents election by the individual, as part of the Company's Corporate Incentive Plan (CICP), to receive half of their annual bonus in RSUs, based upon the Company's stock price as of March 2, 2017. All RSUs vest 100% on March 2, 2018, subject to attainment of the CICP performance threshold for the year ending December 31, 2017. /s/ Janet Mesrobian, Esq., Attorney-In-Fact for Michael Pyle 2017-03-06