0001340807-24-000004.txt : 20240214
0001340807-24-000004.hdr.sgml : 20240214
20240214161522
ACCESSION NUMBER: 0001340807-24-000004
CONFORMED SUBMISSION TYPE: SC 13G/A
PUBLIC DOCUMENT COUNT: 1
FILED AS OF DATE: 20240214
DATE AS OF CHANGE: 20240214
SUBJECT COMPANY:
COMPANY DATA:
COMPANY CONFORMED NAME: PEGASYSTEMS INC
CENTRAL INDEX KEY: 0001013857
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROCESSING & DATA PREPARATION [7374]
ORGANIZATION NAME: 06 Technology
IRS NUMBER: 042787865
STATE OF INCORPORATION: MA
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: SC 13G/A
SEC ACT: 1934 Act
SEC FILE NUMBER: 005-49173
FILM NUMBER: 24638387
BUSINESS ADDRESS:
STREET 1: ONE MAIN STREET
CITY: CAMBRIDGE
STATE: MA
ZIP: 02142-1531
BUSINESS PHONE: 6173749600
MAIL ADDRESS:
STREET 1: ONE MAIN STREET
CITY: CAMBRIDGE
STATE: MA
ZIP: 02142-1531
FILED BY:
COMPANY DATA:
COMPANY CONFORMED NAME: Bares Capital Management, Inc.
CENTRAL INDEX KEY: 0001340807
ORGANIZATION NAME:
IRS NUMBER: 742961140
STATE OF INCORPORATION: TX
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: SC 13G/A
BUSINESS ADDRESS:
STREET 1: 12600 HILL COUNTRY BLVD
STREET 2: SUITE R-230
CITY: AUSTIN
STATE: TX
ZIP: 78738
BUSINESS PHONE: 512-542-1083
MAIL ADDRESS:
STREET 1: 12600 HILL COUNTRY BLVD
STREET 2: SUITE R-230
CITY: AUSTIN
STATE: TX
ZIP: 78738
SC 13G/A
1
pega.13G.A4.txt
1
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G/A
Under the Securities Exchange Act of 1934
Amendment No.: 4
Name of Issuer: Pegasystems Inc
Title of Class of Securities: Common Stock
CUSIP Number: 705573103
(Date of Event Which Requires Filing of this Statement)
December 31, 2023
Check the appropriate box to designate the rule pursuant to
which this Schedule is filed:
/X/ Rule 13d-l(b)
/ / Rule 13d-l(c)
/ / Rule 13d-l(d)
*The remainder of this cover page shall be filled out for a
reporting person's initial filing on this form with respect
to the subject class of securities, and for any subsequent
amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required in the remainder of this cover page
shall not be deemed to be "filed" for the purpose of
Section 18 of the Securities Exchange Act of 1934 ("Act") or
otherwise subject to the liabilities of that section of the
Act but shall be subject to all other provisions of the Act
(however, see the Notes).
CUSIP Number: 705573103
1. Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Bares Capital Management,Inc.
74-2961140
2. Check the Appropriate Box if a Member of a Group
a. / /
b. /X/
3. SEC Use Only
4. Citizenship or Place of Organization
TEXAS
Number of Shares Beneficially Owned by Each Reporting Person
With:
5. Sole Voting Power:
0
6. Shared Voting Power:
5,862,346
7. Sole Dispositive Power:
0
8. Shared Dispositive Power:
5,862,346
9. Aggregate Amount Beneficially Owned by Each Reporting
Person:
5,862,346
10. Check Box if the Aggregate Amount in Row (9) Excludes
Certain Shares / /
11. Percent of Class Represented by Amount in Row (9):
7.02%
12. Type of Reporting Person:
IA
-2-
CUSIP Number: 705573103
1. Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Brian Bares
2. Check the Appropriate Box if a Member of a Group
a. / /
b. /X/
3. SEC Use Only
4. Citizenship or Place of Organization
USA
Number of Shares Beneficially Owned by Each Reporting Person
With:
5. Sole Voting Power:
0
6. Shared Voting Power:
5,862,346
7. Sole Dispositive Power:
0
8. Shared Dispositive Power:
5,862,346
9. Aggregate Amount Beneficially Owned by Each Reporting
Person:
5,862,346
10. Check Box if the Aggregate Amount in Row (9) Excludes
Certain Shares / /
11. Percent of Class Represented by Amount in Row (9):
7.02%
12. Type of Reporting Person:
IA, IN
-3-
Item 1(a) Name of Issuer:
Pegasystems Inc
(b) Address of Issuer's Principal Executive Offices:
One Main Street
Cambridge, MA 02142
United States
Item 2(a) - (c). Name, Principal Business Address, and
Citizenship of Persons Filing:
Bares Capital Management, Inc.
12600 Hill Country Blvd, Suite R-230
Austin, TX 78738
USA
(d) Title of Class of Securities: Common Stock
(e) CUSIP Number: 705573103
Item 3. This statement is filed pursuant to Rule
13d-1(b)(1).
/x/ Investment Adviser in accordance with Section 240.13d-1
(b)(1)(ii)(E)
Item 4. Ownership.
(a) Amount Beneficially Owned:
Bares Capital Management, Inc. 5,862,346
Brian Bares 0
(b) Percent of Class:
Bares Capital Management, Inc. 7.02%
Brian Bares 0%
(c) (i) shares with sole power to vote or direct
the vote:
Bares Capital Management, Inc. 0
Brian Bares 0
(ii) shared power to vote or direct the vote:
Bares Capital Management, Inc. 5,862,346
Brian Bares 5,862,346
(iii) shares with sole power to dispose or to
direct the disposition of:
Bares Capital Management, Inc. 0
Brian Bares 0
(iv) shares with shared power to dispose or
direct the disposition of:
Bares Capital Management, Inc. 5,862,346
Brian Bares 5,862,346
Item 5. Ownership of Five Percent or Less of a Class.
If this statement is being filed to report the fact
that as of the date hereof the reporting person has ceased
to be the beneficial owner of more than 5 percent of the
class of securities, check the following //.
Item 6. Ownership of More than Five Percent on Behalf of
Another Person.
N/A
-4-
Item 7. Identification and Classification of the Subsidiary
Which Acquired the Security Being Reported by the Parent
Holding Company.
N/A
Item 8. Identification and Classification of Members of the
Group.
N/A
Item 9. Notice of Dissolution of the Group.
N/A
Item 10. Certification
By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were acquired and are held
in the ordinary course of business and were not acquired and are not
held for the purpose of or with the effect of changing or influencing
the control of the issuer of the securities and were not acquired and
are not held in connection with or as a participant in any transaction
having that purpose or effect.
After reasonable inquiry and to the best of my knowledge and belief,
I certify that the information set forth in this statement is true,
complete and correct.
By: /s/ James J. Creel February 14, 2024
_______________________________ _________________
Title: President Date