0001209191-19-018205.txt : 20190308 0001209191-19-018205.hdr.sgml : 20190308 20190308171925 ACCESSION NUMBER: 0001209191-19-018205 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20190306 FILED AS OF DATE: 20190308 DATE AS OF CHANGE: 20190308 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: 19670086 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 2019-03-06 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 2019-03-08 4 S 0 5000 63.96 D 8169 D Restricted Stock Units 0.00 2019-03-06 4 A 0 8586 0.00 A 2020-03-06 Common Stock 8586 8586 D Stock Options 64.35 2019-03-06 4 A 0 29240 0.00 A 2020-03-06 2029-03-06 Common Stock 29240 29240 D Restricted Stock Units 0.00 2019-03-06 4 A 0 2650 0.00 A 2020-03-06 Common Stock 2650 2650 D Represents the weighted average of the sale prices, ranging from $63.90 to $64.00. 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/or options awards. Each restricted stock unit represents the right to receive, following vesting, one share of the issuer's common stock. RSUs will vest 20% on March 6, 2020, 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. Options will vest 20% on March 6, 2020, 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 6, 2019. All RSUs vest 100% on March 6, 2020, subject to attainment of the CICP performance threshold funding for the year ending December 31, 2019. /s/ Janet Mesrobian, Esq., Attorney-in-Fact for Kenneth Stillwell 2019-03-08