0001209191-17-018424.txt : 20170306 0001209191-17-018424.hdr.sgml : 20170306 20170306173837 ACCESSION NUMBER: 0001209191-17-018424 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: Trefler Leon CENTRAL INDEX KEY: 0001480560 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-11859 FILM NUMBER: 17668998 MAIL ADDRESS: STREET 1: 101 MAIN STREET CITY: CAMBRIDGE STATE: MA ZIP: 02142 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2017-03-02 0 0001013857 PEGASYSTEMS INC PEGA 0001480560 Trefler Leon C/O PEGASYSTEMS INC. 1 ROGERS STREET CAMBRIDGE MA 02142 0 1 0 0 SVP, Global Customer Success Common Stock 2017-03-02 4 M 0 619 0.00 A 8399 D Common Stock 2017-03-02 4 F 0 213 45.20 D 8186 D Common Stock 2017-03-02 4 M 0 3880 0.00 A 12066 D Common Stock 2017-03-02 4 F 0 1611 44.40 D 10455 D Common Stock 2017-03-02 4 S 0 2269 44.42 D 8186 D Common Stock 2017-03-02 4 M 0 6390 0.00 A 14576 D Common Stock 2017-03-02 4 F 0 3644 44.40 D 10932 D Common Stock 2017-03-02 4 S 0 2746 44.37 D 8186 D Common Stock 2017-03-02 4 M 0 7000 0.00 A 15186 D Common Stock 2017-03-02 4 F 0 4193 44.35 D 10993 D Common Stock 2017-03-02 4 S 0 2807 44.36 D 8186 D Restricted Stock Units 0.00 2017-03-02 4 M 0 619 0.00 D 2016-03-02 Common Stock 12383 7431 D Stock Options 5.94 2017-03-02 4 M 0 3880 0.00 D 2009-12-11 2018-12-11 Common Stock 5880 0 D Stock Options 16.15 2017-03-02 4 M 0 6390 0.00 D 2010-12-15 2019-12-15 Common Stock 3690 0 D Stock Options Units 18.02 2017-03-02 4 M 0 7000 0.00 D 2011-03-01 2020-03-01 Common Stock 18672 8870 D Restricted Stock Units 0.00 2017-03-02 4 A 0 7387 0.00 A 2018-03-02 Common Stock 7387 7387 D Stock Options 44.30 2017-03-02 4 A 0 24382 0.00 A 2018-03-02 2027-03-02 Common Stock 24382 24382 D Restricted Stock Units 0.00 2017-03-02 4 A 0 1865 0.00 A 2018-03-02 Common Stock 1865 1865 D Represents 5% vesting on March 2, 2017. The original grant was 12,383 restricted stock units, with 20% vesting on March 2, 2016, and the remaining 80% vesting in equal quarterly installments over the remaining 4 years. Represents the weighted average of the sale prices on March 2, 2017, ranging from $44.40 and $44.43. Represents the weighted average of the sale prices on March 2, 2017, ranging from $44.35 and $44.43. Represents the weighted average of the sale prices on March 2, 2017, ranging from $44.35 and $44.38. 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. The grant of restricted stock units was previously reported as 2,940, but has been adjusted to reflect a 2-for-1 stock split that occurred on April 1, 2014. The grant of restricted stock units was previously reported as 1,845, but has been adjusted to reflect a 2-for-1 stock split that occurred on April 1, 2014. The grant of restricted stock units was previously reported as 9,336, but has been adjusted to reflect a 2-for-1 stock split that occurred on April 1, 2014. RSUs vest 20% on March 2, 2018, and the remaining 80% vest in equal quarterly installments over the remaining four years. Options vest 20% on March 2, 2018, and the remaining 80% vest in equal quarterly installments over the remaining four years. 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 Leon Trefler 2017-03-06