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