0001209191-19-044596.txt : 20190805 0001209191-19-044596.hdr.sgml : 20190805 20190805165250 ACCESSION NUMBER: 0001209191-19-044596 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20190801 FILED AS OF DATE: 20190805 DATE AS OF CHANGE: 20190805 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: 19999322 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 2019-08-01 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 2019-08-01 4 M 0 2187 0.00 A 10233 D Common Stock 2019-08-01 4 F 0 973 75.60 D 9260 D Common Stock 2019-08-01 4 M 0 10576 27.74 A 19836 D Common Stock 2019-08-01 4 F 0 6860 75.49 D 12976 D Common Stock 2019-08-01 4 S 0 872 75.07 D 12104 D Common Stock 2019-08-01 4 S 0 4844 76.21 D 7260 D Restricted Stock Units 0.00 2019-08-01 4 M 0 2187 0.00 D 2017-08-01 Common Stock 2187 17493 D Stock Options 27.74 2019-08-01 4 M 0 10576 0.00 D 2017-08-01 2026-08-01 Common Stock 10576 87107 D Represents a 5% vesting on August 1, 2019. The original grant was 43,732 restricted stock units, with 20% vesting on August 1, 2017, and the remaining 80% vesting in equal quarterly amounts over the remaining four 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 on August 1, 2019, ranging from $74.83 to $75.48. The individual has provided to 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. Represents the weighted average of the sale prices on August 1, 2019, ranging from $75.91 to $76.40. The individual has provided to 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. 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 2019-08-05