0001013857-24-000067.txt : 20240311 0001013857-24-000067.hdr.sgml : 20240311 20240311173131 ACCESSION NUMBER: 0001013857-24-000067 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240307 FILED AS OF DATE: 20240311 DATE AS OF CHANGE: 20240311 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: 24739304 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_1710192681.xml FORM 4 X0508 4 2024-03-07 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 2024-03-07 4 M 0 2785 0 A 9684 D Common stock 2024-03-07 4 F 0 1555 63.37 D 8129 D Common stock 2024-03-07 4 M 0 4557 0 A 12686 D Common stock 2024-03-07 4 F 0 2543 63.37 D 10143 D Restricted Stock Units 0 2024-03-07 4 M 0 2785 0 D 2024-03-07 Common stock 2785 0 D Restricted Stock Units 0 2024-03-07 4 M 0 4557 0 D 2024-03-07 Common stock 4557 13670 D Represents 100% vesting on March 7, 2024. The original grant was 2,785 restricted stock units, which were granted on March 7, 2023. As part of the Company's 2023 Corporate Incentive Compensation Plan (CICP), Mr. Higgins elected to receive half of his annual bonus in RSUs. Tendered to issuer to satisfy tax withholding obligations of the reporting person, exempted pursuant to Rule 16b-3(e). Represents a 25% vesting on March 7, 2024. The original grant was 18,227 restricted stock units, with the remaining 75% vesting in equal quarterly installments over the remaining three 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 John Gerard Higgins 2024-03-11