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