0001013857-23-000051.txt : 20230309 0001013857-23-000051.hdr.sgml : 20230309 20230309175131 ACCESSION NUMBER: 0001013857-23-000051 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230307 FILED AS OF DATE: 20230309 DATE AS OF CHANGE: 20230309 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Akgonul Rifat Kerim CENTRAL INDEX KEY: 0001855325 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-11859 FILM NUMBER: 23720937 MAIL ADDRESS: STREET 1: ONE ROGERS 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_167840227905593.xml FORM 4 X0306 4 2023-03-07 0 0001013857 PEGASYSTEMS INC PEGA 0001855325 Akgonul Rifat Kerim C/O PEGASYSTEMS INC. ONE MAIN STREET CAMBRIDGE MA 02142 0 1 0 0 Chief Product Officer Restricted Stock Units 0.0 2023-03-07 4 A 0 3370 0 A 2024-03-07 Common stock 3370.0 3370 D Restricted Stock Units 0.0 2023-03-07 4 A 0 18227 0 A 2024-03-07 Common stock 18227.0 18227 D Each restricted stock unit represents the right to receive, following vesting, one share of the issuer's common stock. Represents election by the individual, as part of the Company's Corporate Incentive Plan (CICP), to receive half of their annual bonus in RSUs, based upon the Company's stock price as of March 7, 2023. All RSUs vest 100% on March 7, 2024, subject to attainment of the CICP performance threshold funding for the year ending December 31, 2023. Once vested, the shares of common stock are not subject to expiration. RSUs will vest 25% on March 7, 2024, with the remaining 75% vesting in equal quarterly installments over the remaining three years. /s/ Jenna L. Burstyn, Attorney-in-Fact for Rifat Kerim Akgonul 2023-03-09