0001209191-17-047479.txt : 20170803 0001209191-17-047479.hdr.sgml : 20170803 20170803174913 ACCESSION NUMBER: 0001209191-17-047479 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20170801 FILED AS OF DATE: 20170803 DATE AS OF CHANGE: 20170803 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: STILLWELL KENNETH CENTRAL INDEX KEY: 0001680115 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-11859 FILM NUMBER: 171006279 MAIL ADDRESS: STREET 1: ONE ROGERS STREET CITY: CAMBRDIGE STATE: MA ZIP: 02142 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 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2017-08-01 0 0001013857 PEGASYSTEMS INC PEGA 0001680115 STILLWELL KENNETH C/O PEGASYSTEMS INC ONE ROGERS STREET CAMBRIDGE MA 02142 0 1 0 0 CFO, SVP Common Stock 2017-08-01 4 M 0 8746 0.00 A 8746 D Common Stock 2017-08-01 4 F 0 2839 60.45 D 5907 D Common Stock 2017-08-01 4 S 0 3000 60.51 D 2907 D Common Stock 2017-08-01 4 M 0 3500 0.00 A 6407 D Common Stock 2017-08-01 4 F 0 2217 60.70 D 4190 D Common Stock 2017-08-01 4 S 0 1283 60.40 D 2907 D Restricted Stock Units 0.00 2017-08-01 4 M 0 8746 0.00 D 2017-08-01 Common Stock 43732 34986 D Stock Options 27.74 2017-08-01 4 M 0 3500 0.00 D 2017-08-01 2026-08-01 Common Stock 211516 208016 D Represents 20% vesting on August 1, 2017. The original grant was 43,732 restricted stock units, with 20% vesting on August 1, 2017, and the remaining 80% vesting in equal quarterly installments over the remaining 4 years. 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 August 1, 2017, ranging from $59.80 and $61.10. Represents the exercise price of the Stock Options referenced in Table II and Mr. Stillwell's tax liability, which were paid by way of withholding by the Company of shares of equal value. 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 vest 20% on August 1, 2017, and the remaining 80% vest in equal quarterly installments over the remaining four years. /s/ Janet Mesrobian, Esq., Attorney-In-Fact for Kenneth Stillwell 2017-08-03