0001209191-17-037868.txt : 20170605
0001209191-17-037868.hdr.sgml : 20170605
20170605173256
ACCESSION NUMBER: 0001209191-17-037868
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20170602
FILED AS OF DATE: 20170605
DATE AS OF CHANGE: 20170605
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: 17892292
MAIL ADDRESS:
STREET 1: 26 GRANDVIEW DRIVE
CITY: DOVER
STATE: NH
ZIP: 03820
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2017-06-02
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
2017-06-02
4
M
0
843
0.00
A
843
D
Common Stock
2017-06-02
4
F
0
471
59.12
D
372
D
Common Stock
2017-06-02
4
S
0
372
59.15
D
0
D
Common Stock
2017-06-02
4
M
0
310
0.00
A
310
D
Common Stock
2017-06-02
4
F
0
101
0.00
D
209
D
Common Stock
2017-06-02
4
S
0
209
59.85
D
0
D
Stock Options
20.49
2017-06-02
4
M
0
843
0.00
D
2016-03-02
2025-03-02
Common Stock
16870
9279
D
Restricted Stock Units
0.00
2017-06-02
4
M
0
310
0.00
D
2016-03-02
Common Stock
6192
3406
D
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 5% vesting on June 2, 2017. The original grant was 6,192 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 March 2, 2016, 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 Efstathios Kouninis
2017-06-05