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