0001209191-17-038568.txt : 20170608 0001209191-17-038568.hdr.sgml : 20170608 20170608164659 ACCESSION NUMBER: 0001209191-17-038568 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20170606 FILED AS OF DATE: 20170608 DATE AS OF CHANGE: 20170608 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: 17900697 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 2017-06-06 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 2017-06-06 4 M 0 4000 0.00 A 29769 D Common Stock 2017-06-06 4 F 0 2096 59.65 D 27673 D Common Stock 2017-06-06 4 S 0 1523 60.09 D 26150 D Common Stock 2017-06-07 4 M 0 440 0.00 A 26590 D Common Stock 2017-06-07 4 F 0 208 60.60 D 26382 D Stock Options 6.00 2017-06-06 4 M 0 4000 0.00 D 2008-12-13 2017-12-13 Common Stock 32000 8000 D Restricted Stock Units 0.00 2017-06-07 4 M 0 440 0.00 D 2015-03-07 Common Stock 8798 3080 D Represents the exercise price of the Stock Options referenced in Table II and Mr. Pyle'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 June 6, 2017, ranging from $59.60 to $60.35. Represents 5% vesting on June 7, 2017. The original grant was 8798 restricted stock units, with 20% vesting on March 7, 2015, 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 Michael Pyle 2017-06-08