0001209191-20-056921.txt : 20201104 0001209191-20-056921.hdr.sgml : 20201104 20201104170401 ACCESSION NUMBER: 0001209191-20-056921 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20201102 FILED AS OF DATE: 20201104 DATE AS OF CHANGE: 20201104 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: 201287474 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 2020-11-02 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 2020-11-02 4 S 0 1000 115.99 D 5491 D Common Stock 2020-11-02 4 M 0 10576 27.74 A 16067 D Common Stock 2020-11-02 4 F 0 6071 118.32 D 9996 D Common Stock 2020-11-02 4 S 0 4505 118.15 D 5491 D Common Stock 2020-11-02 4 M 0 2187 0.00 A 7678 D Common Stock 2020-11-02 4 F 0 970 115.88 D 6708 D Restricted Stock Units 0.00 2020-11-02 4 M 0 2187 0.00 D 2017-08-01 Common Stock 2187 6560 D Stock Options 27.74 2020-11-02 4 M 0 10576 0.00 D 2017-08-01 2026-08-01 Common Stock 10576 31728 D Sold pursuant to a pre-arranged stock trading plan under Rule 10b5-1 of the Securities Exchange Act of 1934, as amended. Represents the exercise price of the stock option referenced in Table II and Mr. Stillwell's tax liability, which was paid by way of the Company withholding shares of equal value. Represents the weighted average of sale prices, ranging from $118.02 to $118.17. The individual has provided 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 5% quarterly vesting on November 1, 2020, with a release date of November 2, 2020, the first business day following vesting. The original grant was 43,732 restricted stock units, with 20% vesting on August 1, 2017, 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. Once vested, shares of common stock are not subject to expiration. Options vested 20% on August 1, 2017, with the remaining 80% vesting in equal quarterly amounts. /s/ Donald L. Lancaster, Attorney-in-Fact for Kenneth Stillwell 2020-11-04