0001013857-24-000052.txt : 20240307 0001013857-24-000052.hdr.sgml : 20240307 20240307181358 ACCESSION NUMBER: 0001013857-24-000052 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240305 FILED AS OF DATE: 20240307 DATE AS OF CHANGE: 20240307 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Higgins John Gerard CENTRAL INDEX KEY: 0001915414 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-11859 FILM NUMBER: 24731714 MAIL ADDRESS: STREET 1: C/O PEGASYSTEMS INC. STREET 2: 1 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] 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_1709853226.xml FORM 4 X0508 4 2024-03-05 0 0001013857 PEGASYSTEMS INC PEGA 0001915414 Higgins John Gerard C/O PEGASYSTEMS INC. ONE MAIN STREET CAMBRIDGE MA 02142 0 1 0 0 Chief, Client &Partner Success 0 Common stock 6899 D Restricted Stock Units 0 2024-03-05 4 A 0 2233 0 A 2025-03-05 Common stock 2233 2233 D Restricted Stock Units 0 2024-03-05 4 A 0 17609 0 A 2025-03-05 Common stock 17609 17609 D Stock Options 62.10 2024-03-05 4 A 0 35218 0 A 2025-03-05 2034-03-05 Common stock 35218 35218 D Does not include shares of common stock subject to unvested restricted stock units and/or options awards. 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 5, 2024. All RSUs vest 100% on March 5, 2025, subject to attainment of the CICP performance threshold funding for the year ending December 31, 2024. Once vested, the shares of common stock are not subject to expiration. Each restricted stock unit represents the right to receive, following vesting, one share of the issuer's common stock. RSUs will vest 25% on March 5, 2025, with the remaining 75% vesting in equal quarterly installments over the remaining three years. Options will vest 25% on March 5, 2025, with the remaining 75% vesting in equal quarterly installments over the remaining three years. /s/ Ewelina Kemp, Attorney-in-Fact for John Gerard Higgins 2024-03-07