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