0001209191-18-027765.txt : 20180503
0001209191-18-027765.hdr.sgml : 20180503
20180503173428
ACCESSION NUMBER: 0001209191-18-027765
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20180501
FILED AS OF DATE: 20180503
DATE AS OF CHANGE: 20180503
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: 18805156
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
2018-05-01
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
2018-05-01
4
M
0
2187
0.00
A
9863
D
Common Stock
2018-05-01
4
F
0
973
61.05
D
8890
D
Common Stock
2018-05-01
4
M
0
3500
27.74
A
12390
D
Common Stock
2018-05-01
4
F
0
2443
60.80
D
9947
D
Common Stock
2018-05-01
4
S
0
2057
60.93
D
7890
D
Restricted Stock Units
0.00
2018-05-01
4
M
0
2187
0.00
D
2017-08-01
Common Stock
2187
28426
D
Stock Options
27.74
2018-05-01
4
M
0
3500
0.00
D
2017-08-01
2026-08-01
Common Stock
3500
154062
D
Represents 5% vesting on May 1, 2018. 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.
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.
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 $60.78 to $61.35. 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.
Each restricted stock unit represents the right to receive, following vesting, one share of the issuer's common stock.
Once vested, the shares of common stock are not subject to expiration.
Options vested 20% on August 1, 2017, with the remaining 80% vesting in equal quarterly installments over the next four years.
/s/ Janet Mesrobian, Esq., Attorney-In-Fact for Kenneth Stillwell
2018-05-03