0001209191-19-002309.txt : 20190104 0001209191-19-002309.hdr.sgml : 20190104 20190104190338 ACCESSION NUMBER: 0001209191-19-002309 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20190102 FILED AS OF DATE: 20190104 DATE AS OF CHANGE: 20190104 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: HOVSEPIAN RONALD W CENTRAL INDEX KEY: 0001091482 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-11859 FILM NUMBER: 19511794 MAIL ADDRESS: STREET 1: C/O ANNTAYLOR STORES CORP STREET 2: 7 TIMES SQUARE, 15TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10036 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 2019-01-02 0 0001013857 PEGASYSTEMS INC PEGA 0001091482 HOVSEPIAN RONALD W ONE ROGERS STREET CAMBRIDGE MA 02142 1 0 0 0 Common Stock 2019-01-02 4 M 0 628 0.00 A 628 D Restricted Stock Units 0.00 2019-01-02 4 M 0 1282 0.00 A 2019-01-02 Common Stock 1282 1282 D Restricted Stock Units 0.00 2019-01-02 4 M 0 628 0.00 D 2019-01-02 Common Stock 628 654 D Represents initial vesting on January 2, 2019, the first business day following the effective date of Mr. Hovsepian's appointment to the Board of Directors as of January 1, 2019. The original grant was 1,282 Restricted Stock Units (RSUs). The remaining 654 shares will vest on March 28, 2019. The exact cash value of the shares was pro-rated to reflect the number of days of expected service from the date of his appointment, to the next Annual Meeting of Stockholders. Does not include shares of common stock subject to unvested restricted stock units and/or options awards. Each restricted stock unit represents the right to receive, following vesting, one share of the issuer's common stock. Represents shares of unrestricted common stock received as consideration for Mr. Hovsepian's services as a Director for the upcoming prorated portion of the current year. Once vested, the shares of common stock are not subject to expiration. /s/ Janet Mesrobian, Esq., Attorney-In-Fact for Ronald Hovsepian 2019-01-04