0001013857-24-000044.txt : 20240305 0001013857-24-000044.hdr.sgml : 20240305 20240305182501 ACCESSION NUMBER: 0001013857-24-000044 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240301 FILED AS OF DATE: 20240305 DATE AS OF CHANGE: 20240305 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: STILLWELL KENNETH CENTRAL INDEX KEY: 0001680115 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-11859 FILM NUMBER: 24723140 MAIL ADDRESS: STREET 1: ONE ROGERS STREET CITY: CAMBRDIGE 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] ORGANIZATION NAME: 06 Technology 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 wk-form4_1709681087.xml FORM 4 X0508 4 2024-03-01 0 0001013857 PEGASYSTEMS INC PEGA 0001680115 STILLWELL KENNETH C/O PEGASYSTEMS INC. ONE MAIN STREET CAMBRIDGE MA 02142 0 1 0 0 COO, CFO 1 Common stock 2024-03-01 4 S 0 200 64.50 D 17800 D Common stock 2024-03-01 4 S 0 989 66.42 D 16811 D Common stock 2024-03-01 4 S 0 811 66.92 D 16000 D Common stock 2024-03-01 4 M 0 1175 0 A 17175 D Common stock 2024-03-01 4 F 0 463 65.04 D 16712 D Common stock 2024-03-04 4 M 0 576 0 A 17288 D Common stock 2024-03-04 4 F 0 227 66.61 D 17061 D Common stock 2024-03-04 4 M 0 697 0 A 17758 D Common stock 2024-03-04 4 F 0 275 66.61 D 17483 D Restricted Stock Units 0 2024-03-01 4 M 0 1175 0 D 2023-03-01 Common stock 1175 14105 D Restricted Stock Units 0 2024-03-04 4 M 0 576 0 D 2022-03-02 Common stock 576 4611 D Restricted Stock Units 0 2024-03-04 4 M 0 697 0 D 2021-03-03 Common stock 697 2786 D Sold pursuant to a pre-arranged trading plan adopted by Mr. Stillwell November 8, 2023 under Rule 10b5-1 of the Securities Exchange Act of 1934, as amended. Represents the weighted average of sale prices, ranging from $65.78 to $66.77. The individual has provided the Company, and undertakes to provide to the staff of the Security and Exchange Commission or any security holder of the Company, upon request, full information regarding the number of shares sold at each separate price. Represents the weighted average of sale prices, ranging from $66.78 to $67.28. The individual has provided the Company, and undertakes to provide to the staff of the Security and Exchange Commission or any security holder of the Company, upon request, full information regarding the number of shares sold at each separate price. Represents a 5% vesting on March 1, 2024. The original grant was 23,508 restricted stock units, with 20% vesting on March 1, 2023 with the remaining 80% vesting in equal quarterly installments over the remaining four years. Tendered to issuer to satisfy tax withholding obligations of the reporting person, exempted pursuant to Rule 16b-3(e). Represents a 5% vesting on March 2, 2024, with a release date of March 4, 2024, the first business day following vesting. The original grant was 11,527 restricted stock units, with 20% vesting on March 2, 2022, with the remaining 80% vesting in equal quarterly installments over the remaining four years. Represents a 5% vesting on March 3, 2024, with a release date of March 4, 2024, the first business day following vesting. The original grant was 13,931 restricted stock units, with 20% vesting on March 3, 2021, and the remaining 80% vesting in equal quarterly installments over the remaining four years. 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. /s/ Ewelina Kemp, Attorney-in-Fact for Kenneth Stillwell 2024-03-05