0001013857-22-000102.txt : 20220601 0001013857-22-000102.hdr.sgml : 20220601 20220601205550 ACCESSION NUMBER: 0001013857-22-000102 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20220524 FILED AS OF DATE: 20220601 DATE AS OF CHANGE: 20220601 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: JONES RICHARD H CENTRAL INDEX KEY: 0001222574 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-11859 FILM NUMBER: 22989039 MAIL ADDRESS: STREET 1: C/O PEGASYSTEMS INC STREET 2: 101 MAIN STREET CITY: CAMBRIDGE 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_165413133126884.xml FORM 4 X0306 4 2022-05-24 0 0001013857 PEGASYSTEMS INC PEGA 0001222574 JONES RICHARD H C/O PEGASYSTEMS INC. ONE MAIN STREET CAMBRIDGE MA 02142 1 0 0 0 Common stock 17181 D Common stock 2022-05-24 4 J 0 1215 47.16 A 14339 I Patricia Jones Revocable Trust Common stock 85584 I Patricia Jones Cornerstone Trust Common stock 2022-05-27 4 J 0 75000 49.54 A 427691 I Richard H. Jones Revocable Trust Common stock 75000 I Richard H. Jones, Sr. 2022-A Grantor Retained Annuity Trust Common stock 352691 I Richard H. Jones Revocable Trust On May 24, 2022, the Patricia Jones Cornerstone Trust ("Cornerstone Trust"), a trust established for the benefit of Mrs. Jones' family, swapped 1,215 shares of Pega stock with a value of $57,293.33 in exchange for the equivalent amount of cash from the Patricia Jones Revocable Trust. The withdrawal of shares from the Cornerstone Trust resulted in a decrease in the number of shares held by the Cornerstone Trust and a corresponding increase in the number of shares held by the Patricia Jones Revocable Trust. The reporting person believes that these transactions constitute exempted transactions by Rule 16a-13 under the Securities Exchange Act of 1934. On May 27, 2022, the Richard H. Jones Revocable Trust withdrew 75,000 shares of Pegasystems common stock from the Richard H Jones, Sr. 2022 Grantor Retained Annuity Trust ("2022 GRAT"), a grantor retained annuity trust previously established by the Richard H. Jones Revocable Trust on March 17, 2022, in exchange for a promissory note in the principal amount of $3,730,500. The withdrawal from the 2022 GRAT resulted in a decrease in the number of shares Mr. Jones owns indirectly through the 2022 GRAT and a corresponding increase in the number of shares Mr. Jones beneficially owns indirectly through the Richard H. Jones Revocable Trust. The reporting person believes that his withdrawal of shares from the 2022 GRAT constitutes a transaction exempted by Rule 16a-13 under the Securities Exchange Act of 1934. On May 31, 2022, after giving effect to the transactions described in footnote 2 above, the Richard H. Jones Revocable Trust contributed 75,000 shares of Pegasystems common stock to the Richard H. Jones, Sr. 2022-A Grantor Retained Annuity Trust, a grantor retained annuity trust established on May 31, 2022 by the Richard H. Jones Revocable Trust for the benefit of the reporting person (the "2022-A GRAT"). The reporting person is the sole trustee and sole annuitant of the 2022-A GRAT and, therefore, the reporting person believes that this transaction is exempted by Rule 16a-13 under the Securities Exchange Act of 1934. /s/ Jenna L. Burstyn, Attorney-in-Fact for Richard H. Jones 2022-06-01