0001013857-22-000071.txt : 20220309 0001013857-22-000071.hdr.sgml : 20220309 20220309163848 ACCESSION NUMBER: 0001013857-22-000071 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20220307 FILED AS OF DATE: 20220309 DATE AS OF CHANGE: 20220309 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: PYLE MICHAEL R CENTRAL INDEX KEY: 0001222579 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-11859 FILM NUMBER: 22725882 MAIL ADDRESS: STREET 1: C/O PEGASYSTEMS INC STREET 2: 101 MAIN STREET CITY: CAMBRIGE 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 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 4 1 wf-form4_164686191158938.xml FORM 4 X0306 4 2022-03-07 0 0001013857 PEGASYSTEMS INC PEGA 0001222579 PYLE MICHAEL R C/O PEGASYSTEMS INC. ONE MAIN STREET CAMBRIDGE MA 02142 0 1 0 0 Chief Technology Strategist Common stock 2022-03-07 4 M 0 311 0 A 9762 D Common stock 2022-03-07 4 F 0 92 82.21 D 9670 D Common stock 2022-03-08 4 M 0 30365 20.49 A 40035 D Common stock 2022-03-08 4 F 0 16481 79.08 D 23554 D Common stock 2022-03-08 4 M 0 23530 25.20 A 47084 D Common stock 2022-03-08 4 F 0 14609 79.08 D 32475 D Restricted Stock Units 0.0 2022-03-07 4 M 0 311 0 D 2020-03-06 Common stock 311.0 1248 D Stock Options 20.49 2022-03-08 4 M 0 30365 0 D 2016-03-02 2025-03-02 Common stock 30365.0 0 D Stock Options 25.2 2022-03-08 4 M 0 23530 0 D 2017-03-09 2026-03-09 Common stock 23530.0 0 D Represents a 5% vesting on March 6, 2022, with a release date of March 7, 2022, the first business day following vesting. The original grant was 4,681 restricted stock units, with 20% vesting on March 6, 2020, and the remaining 80% vesting in equal quarterly installments over the remaining four years. Represents the exercise price of the stock options referenced in Table II and Mr. Pyle'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, the shares of common stock are not subject to expiration. Options vested 20% on March 2, 2016, with the remaining 80% vesting in equal quarterly installments over the next four years. Options vested 20% on March 9, 2017, with the remaining 80% vesting in equal quarterly installments over the next four years. /s/ Jenna L. Burstyn, Attorney-in-Fact for Michael R. Pyle 2022-03-09