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