0001209191-20-016735.txt : 20200305
0001209191-20-016735.hdr.sgml : 20200305
20200305182517
ACCESSION NUMBER: 0001209191-20-016735
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: Trefler Leon
CENTRAL INDEX KEY: 0001480560
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-11859
FILM NUMBER: 20692050
MAIL ADDRESS:
STREET 1: 101 MAIN STREET
CITY: CAMBRIDGE
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
0001480560
Trefler Leon
C/O PEGASYSTEMS INC.
1 ROGERS STREET
CAMBRIDGE
MA
02142
0
1
0
0
SVP, Global Customer Success
Common Stock
2020-03-05
4
M
0
362
0.00
A
9791
D
Common Stock
2020-03-05
4
F
0
107
91.86
D
9684
D
Restricted Stock Units
0.00
2020-03-03
4
A
0
1195
0.00
A
2021-03-03
Common Stock
1195
1195
D
Restricted Stock Units
0.00
2020-03-03
4
A
0
6687
0.00
A
2021-03-03
Common Stock
6687
6687
D
Stock Options
90.05
2020-03-03
4
A
0
26502
0.00
A
2021-03-03
2030-03-03
Common Stock
26502
26502
D
Restricted Stock Units
0.00
2020-03-05
4
M
0
362
0.00
D
2019-03-05
Common Stock
362
4348
D
Represents 5% vesting on March 5, 2020. The original grant was 7,246 restricted stock units, with 20% vesting on March 5, 2019, and the remaining 80% vesting in equal quarterly installments over the next four years.
Does not include shares of common stock subject to unvested restricted stock units (RSUs) 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, 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% vesting in equal quarterly installments over the remaining four years.
/s/ Janet Mesrobian, Esq., Attorney-in-Fact for Leon Trefler
2020-03-05