0001209191-18-051099.txt : 20180914
0001209191-18-051099.hdr.sgml : 20180914
20180914164849
ACCESSION NUMBER: 0001209191-18-051099
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20180912
FILED AS OF DATE: 20180914
DATE AS OF CHANGE: 20180914
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: KOUNINIS EFSTATHIOS A
CENTRAL INDEX KEY: 0001353196
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-11859
FILM NUMBER: 181071650
MAIL ADDRESS:
STREET 1: 26 GRANDVIEW DRIVE
CITY: DOVER
STATE: NH
ZIP: 03820
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
2018-09-12
0
0001013857
PEGASYSTEMS INC
PEGA
0001353196
KOUNINIS EFSTATHIOS A
C/O PEGASYSTEMS INC.
1 ROGERS STREET
CAMBRIDGE
MA
02142
0
1
0
0
VP of Finance & CAO
Common Stock
2018-09-12
4
M
0
93
0.00
A
322
D
Common Stock
2018-09-12
4
F
0
28
63.75
D
294
D
Common Stock
2018-09-13
4
M
0
314
27.24
A
608
D
Common Stock
2018-09-13
4
F
0
186
65.00
D
422
D
Common Stock
2018-09-13
4
M
0
478
25.20
A
900
D
Common Stock
2018-09-13
4
F
0
272
65.25
D
628
D
Common Stock
2018-09-13
4
S
0
455
65.31
D
173
D
Restricted Stock Units
0.00
2018-09-12
4
M
0
93
0.00
D
2017-09-12
Common Stock
93
1114
D
Stock Options
27.24
2018-09-13
4
M
0
314
0.00
D
2017-09-12
2026-09-12
Common Stock
314
3765
D
Stock Options
25.20
2018-09-13
4
M
0
478
0.00
D
2017-03-12
2026-03-12
Common Stock
478
10993
D
Represents 5% vesting on September 12, 2018. The original grant was 1856 restricted stock units, with 20% vesting on September 12, 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. Kouninis' tax liability, which were paid by way of withholding by the Company of shares of equal value.
Represents the weighted average of the sale prices, ranging from $65.00 to $65.75. 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 issuer's common stock.
Once vested, the shares of common stock are not subject to expiration.
Options vested 20% on September 12, 2017, with the remaining 80% vesting in equal quarterly installments over the next four years.
Options vested 20% on March 12, 2017, with the remaining 80% vesting in equal quarterly installments over the next four years.
/s/ Janet Mesrobian, Esq., Attorney-In-Fact for Efstathios Kouninis
2018-09-14