0001209191-17-019675.txt : 20170309 0001209191-17-019675.hdr.sgml : 20170309 20170309172439 ACCESSION NUMBER: 0001209191-17-019675 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20170307 FILED AS OF DATE: 20170309 DATE AS OF CHANGE: 20170309 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: KOUNINIS EFSTATHIOS A CENTRAL INDEX KEY: 0001353196 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-11859 FILM NUMBER: 17679473 MAIL ADDRESS: STREET 1: 26 GRANDVIEW DRIVE CITY: DOVER STATE: NH ZIP: 03820 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2017-03-07 0 0001013857 PEGASYSTEMS INC PEGA 0001353196 KOUNINIS EFSTATHIOS A C/O PEGASYSTEMS INC. 1 ROGERS STREET CAMBRIDGE MA 02142 0 1 0 0 VP of Finance & CAO Common Stock 2017-03-07 4 M 0 76 0.00 A 76 D Common Stock 2017-03-07 4 F 0 29 43.50 D 47 D Common Stock 2017-03-07 4 M 0 196 0.00 A 243 D Common Stock 2017-03-07 4 F 0 129 44.75 D 114 D Common Stock 2017-03-07 4 S 0 67 44.80 D 47 D Common Stock 2017-03-09 4 M 0 1305 0.00 A 1352 D Common Stock 2017-03-09 4 F 0 468 43.85 D 884 D Common Stock 2017-03-09 4 M 0 1288 0.00 A 2172 D Common Stock 2017-03-09 4 F 0 407 43.85 D 1765 D Restricted Stock Units 0.00 2017-03-07 4 M 0 76 0.00 D 2015-03-07 Common Stock 1508 604 D Stock Options 20.05 2017-03-07 4 M 0 196 0.00 D 2015-03-07 2024-03-07 Common Stock 3904 1562 D Restricted Stock Units 0.00 2017-03-09 4 M 0 1305 0.00 D 2017-03-09 Common Stock 6527 5222 D Restricted Stock Units 0.00 2017-03-09 4 M 0 1288 0.00 D 2017-03-09 Common Stock 1288 0 D Represents 5% vesting on March 7, 2017. The original grant was 1,508 restricted stock units, with 20% vesting on March 7, 2015, and the remaining 80% vesting in equal quarterly installments over the remaining 4 years. Represents the exercise price of the Stock Options referenced in Table II and Mr. Kouninis' tax liability, which were paid by way of withholding by the Company of shares of equal value. Represents 20% vesting on March 9, 2017. The original grant was 6,527 restricted stock units, with 20% vesting on March 9, 2017, and the remaining 80% vesting in equal quarterly installments over the remaining 4 years. Represents 100% vesting on March 9, 2017. The original grant was 1,288 restricted stock units, which were granted on March 9, 2016. As part of the Company's 2016 Corporate Incentive Plan (CICP), Mr. Kouninis elected to receive half of his annual bonus in RSUs. 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. Options vested 20% on March 7, 2015, with the remaining 80% vesting in equal quarterly installments over the next four years. /s/ Janet Mesrobian, Esq., Attorney-In-Fact for Efstathios Kouninis 2017-03-09