0001209191-20-016720.txt : 20200305 0001209191-20-016720.hdr.sgml : 20200305 20200305175226 ACCESSION NUMBER: 0001209191-20-016720 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200303 FILED AS OF DATE: 20200305 DATE AS OF CHANGE: 20200305 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: 20691952 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 2020-03-03 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 2020-03-05 4 M 0 128 0.00 A 441 D Common Stock 2020-03-05 4 F 0 45 91.86 D 396 D Restricted Stock Units 0.00 2020-03-03 4 A 0 642 0.00 A 2021-03-03 Common Stock 642 642 D Restricted Stock Units 0.00 2020-03-03 4 A 0 1533 0.00 A 2021-03-03 Common Stock 1533 1533 D Stock Options 90.05 2020-03-03 4 A 0 6074 0.00 A 2021-03-03 2030-03-03 Common Stock 6074 6074 D Restricted Stock Units 0.00 2020-03-05 4 M 0 128 0.00 D 2019-03-05 Common Stock 128 1535 D Represents 5% vesting on March 5, 2020. The original grant was 2,558 restricted stock units, with 20% vesting on March 5, 2019, and remaining 80% vesting in equal quarterly installments over the remaining four years. 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, on share of the issuer's common stock. 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 3, 2020. All RSUs vest 100% on March 3, 2021, subject to the attainment of the CICP performance threshold funding for the year ending December 31, 2020. Once vested, the shares of common stock are not subject to expiration. RSUs will vest 20% on March 3, 2021, with the remaining 80% vesting in equal quarterly installments over the remaining four years. Options will vest 20% on March 3, 2021, with the remaining 80% in equal quarterly installments over the remaining four years. /s/ Janet Mesrobian, Esq., Attorney-in-Fact for Efstathios A. Kouninis 2020-03-05