0001209191-20-017793.txt : 20200310 0001209191-20-017793.hdr.sgml : 20200310 20200310174252 ACCESSION NUMBER: 0001209191-20-017793 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200306 FILED AS OF DATE: 20200310 DATE AS OF CHANGE: 20200310 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: 20703151 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 2020-03-06 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 2020-03-06 4 M 0 2650 0.00 A 12402 D Common Stock 2020-03-06 4 F 0 1176 87.64 D 11226 D Common Stock 2020-03-06 4 M 0 1717 0.00 A 12943 D Common Stock 2020-03-06 4 F 0 762 87.64 D 12181 D Common Stock 2020-03-06 4 M 0 469 44.30 A 12650 D Common Stock 2020-03-06 4 F 0 348 82.73 D 12302 D Common Stock 2020-03-06 4 M 0 1372 58.95 A 13674 D Common Stock 2020-03-06 4 F 0 1153 82.73 D 12521 D Common Stock 2020-03-06 4 M 0 5848 64.35 A 18369 D Common Stock 2020-03-06 4 F 0 5125 82.73 D 13244 D Restricted Stock Units 0.00 2020-03-06 4 M 0 2650 0.00 D 2020-03-06 Common Stock 2650 0 D Restricted Stock Units 0.00 2020-03-06 4 M 0 1717 0.00 D 2020-03-06 Common Stock 1717 6869 D Stock Options 44.30 2020-03-06 4 M 0 469 0.00 D 2018-03-02 2027-03-02 Common Stock 469 3752 D Stock Options 58.95 2020-03-06 4 M 0 1372 0.00 D 2019-03-05 2028-03-05 Common Stock 1372 16466 D Stock Option 64.35 2020-03-06 4 M 0 5848 0.00 D 2020-03-06 2029-03-06 Common Stock 5848 23392 D Represents 100% vesting on March 6, 2020. The original grant was 2,650 restricted stock units, which were granted on March 6, 2019. As part of the Company's 2019 Corporate Incentive Plan (CICP), Mr. Stillwell elected to receive his annual Bonus in RSUs. Represents 20% vesting on March 6, 2020. The original grant was 8,586 restricted stock units, with the remaining 80% vesting in equal quarterly amounts over the next four years. Represents the exercise price for the stock options referenced in Table II and Mr. Stillwell's tax liability, which were paid by way of the Company withholding shares of equal value. 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, shares of common stock are not subject to expiration. Options vested 20% on March 2, 2018, with the remaining 80% vesting in equal quarterly amounts over the next four years. Options vested 20% on March 5, 2019, with the remaining 80% vesting in equal quarterly amounts over the next four years. Options vested 20% on March 6, 2020, with the remaining 80% vesting in equal quarterly amounts over the next four years. /s/ Janet Mesrobian, Esq., Attorney-in-Fact for Kenneth Stillwell 2020-03-10