0001209191-18-017804.txt : 20180307 0001209191-18-017804.hdr.sgml : 20180307 20180307181643 ACCESSION NUMBER: 0001209191-18-017804 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20180305 FILED AS OF DATE: 20180307 DATE AS OF CHANGE: 20180307 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: 18674470 MAIL ADDRESS: STREET 1: C/O PEGASYSTEMS INC STREET 2: 101 MAIN STREET CITY: CAMBRIGE 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 2018-03-05 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 2018-03-05 4 S 0 600 57.44 D 27905 D Common Stock 2018-03-05 4 S 0 3129 58.94 D 24776 D Common Stock 2018-03-05 4 S 0 271 59.43 D 24505 D Common Stock 2018-03-06 4 S 0 6000 60.00 D 18505 D Restricted Stock Units 0.00 2018-03-05 4 A 0 5100 0.00 A 2019-03-05 Common Stock 5100 5100 D Restricted Stock Units 0.00 2018-03-05 4 A 0 2221 0.00 A 2019-03-05 Common Stock 2221 2221 D 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, ranging from $57.15 to $57.65. The individual has provided the Company, and undertakes to provide to the staff of the Securities and Exchange Commission or any security holder of the Company, upon request, full information regarding the number of shares sold at each separate price. Represents the weighted average of the sale prices, ranging from $58.40 to $59.35. The individual has provided the Company, and undertakes to provide to the staff of the Securities and Exchange Commission or any security holder of the Company, upon request, full information regarding the number of shares sold at each separate price. Represents the weighted average of the sale prices, ranging from $59.40 to $59.45. The individual has provided the Company, and undertakes to provide to the staff of the Securities and Exchange Commission or any security holder of the Company, upon request, full information regarding the number of shares sold at each separate price. Does not include shares of common stock subject to unvested restricted stock units and options awards. Each restricted stock unit represents the right to receive, following vesting, one share of the Company's common stock. RSUs vest 50% on March 5, 2019, and the remaining 50% will vest on March 5, 2020. Once vested, the shares of common stock are not subject to expiration. Represents election by the individual, as part of the Company's Corporate Incentive Plan (CICP), to receive half of their annual bonus in RSUs, based upon the Company's stock price as of March 5, 2018. All RSUs vest 100% on March 5, 2019, subject to attainment of the CICP performance threshold funding for the year ending December 31, 2018. /s/ Janet Mesrobian, Esq., Attorney-In-Fact for Michael Pyle 2018-03-07