0001209191-18-017817.txt : 20180307
0001209191-18-017817.hdr.sgml : 20180307
20180307182231
ACCESSION NUMBER: 0001209191-18-017817
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: Trefler Leon
CENTRAL INDEX KEY: 0001480560
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-11859
FILM NUMBER: 18674504
MAIL ADDRESS:
STREET 1: 101 MAIN STREET
CITY: CAMBRIDGE
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
0001480560
Trefler Leon
C/O PEGASYSTEMS INC.
1 ROGERS STREET
CAMBRIDGE
MA
02142
0
1
0
0
SVP, Global Customer Success
Restricted Stock Units
0.00
2018-03-05
4
A
0
7246
0.00
A
2019-03-05
Common Stock
7246
7246
D
Stock Options
58.95
2018-03-05
4
A
0
23327
0.00
A
2019-03-05
2028-03-05
Common Stock
23327
23327
D
Restricted Stock Units
0.00
2018-03-05
4
A
0
1751
0.00
A
2019-03-05
Common Stock
1751
1751
D
Each restricted stock unit represents the right to receive, following vesting, one share of Pegasystems Inc.'s (the "Company") common stock.
RSUs will vest 20% on March 5, 2019, with the remaining 80% vesting in equal quarterly installments over the remaining four years.
Once vested, the shares of common stock are not subject to expiration.
Stock options will vest 20% on March 5, 2019, with the remaining 80% vesting in equal quarterly installments over the remaining four years.
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 Leon Trefler
2018-03-07