0001209191-20-016733.txt : 20200305 0001209191-20-016733.hdr.sgml : 20200305 20200305182221 ACCESSION NUMBER: 0001209191-20-016733 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: STILLWELL KENNETH CENTRAL INDEX KEY: 0001680115 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-11859 FILM NUMBER: 20692042 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 2020-03-03 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 2020-03-05 4 M 0 426 0.00 A 9899 D Common Stock 2020-03-05 4 F 0 147 91.86 D 9752 D Restricted Stock Units 0.00 2020-03-03 4 A 0 2107 0.00 A 2021-03-03 Common Stock 2107 2107 D Restricted Stock Units 0.00 2020-03-03 4 A 0 13931 0.00 A 2021-03-03 Common Stock 13931 13931 D Stock Options 90.05 2020-03-03 4 A 0 55213 0.00 A 2021-03-03 2030-03-03 Common Stock 55213 55213 D Restricted Stock Units 0.00 2020-03-05 4 M 0 426 0.00 D 2019-03-05 Common Stock 426 5115 D Represents 5% vesting on March 5, 2020. The original grant was 8,524 restricted stock units, with 20% vesting on March 5, 2019, and the 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, one 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, 2020, subject to 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 installment over the remaining four years. Options will vest 20% on March 3, 2021, with the remaining 80% vesting in equal quarterly installments over the remaining four years. /s/ Janet Mesrobian, Esq., Attorney-in-Fact for Kenneth Stillwell 2020-03-05