0001209191-18-017801.txt : 20180307 0001209191-18-017801.hdr.sgml : 20180307 20180307181524 ACCESSION NUMBER: 0001209191-18-017801 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20180305 FILED AS OF DATE: 20180307 DATE AS OF CHANGE: 20180307 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: KOUNINIS EFSTATHIOS A CENTRAL INDEX KEY: 0001353196 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-11859 FILM NUMBER: 18674463 MAIL ADDRESS: STREET 1: 26 GRANDVIEW DRIVE CITY: DOVER STATE: NH ZIP: 03820 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 ROGERS STREET CITY: CAMBRIDGE STATE: MA ZIP: 02142-1209 BUSINESS PHONE: 6173749600 MAIL ADDRESS: STREET 1: ONE ROGERS STREET CITY: CAMBRIDGE STATE: MA ZIP: 02142-1209 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2018-03-05 0 0001013857 PEGASYSTEMS INC PEGA 0001353196 KOUNINIS EFSTATHIOS A C/O PEGASYSTEMS INC. 1 ROGERS STREET CAMBRIDGE MA 02142 0 1 0 0 VP of Finance & CAO Common Stock 2018-03-05 4 M 0 1687 20.49 A 3742 D Common Stock 2018-03-05 4 F 0 912 58.80 D 2830 D Common Stock 2018-03-05 4 S 0 775 58.85 D 2055 D Common Stock 2018-03-05 4 M 0 196 20.05 A 2251 D Common Stock 2018-03-05 4 F 0 105 58.75 D 2146 D Common Stock 2018-03-05 4 S 0 91 58.75 D 2055 D Common Stock 2018-03-05 4 M 0 1296 11.05 A 3351 D Common Stock 2018-03-05 4 F 0 554 58.90 D 2797 D Common Stock 2018-03-05 4 S 0 742 58.93 D 2055 D Common Stock 2018-03-06 4 M 0 2250 44.30 A 4305 D Common Stock 2018-03-06 4 F 0 1833 60.10 D 2472 D Common Stock 2018-03-06 4 S 0 417 60.12 D 2055 D Common Stock 2018-03-06 4 S 0 500 60.53 D 1555 D Restricted Stock Units 0.00 2018-03-05 4 A 0 2558 0.00 A 2019-03-05 Common Stock 2558 2558 D Stock Options 58.95 2018-03-05 4 A 0 8233 0.00 A 2019-03-05 2028-03-05 Common Stock 8233 8233 D Restricted Stock Units 0.00 2018-03-05 4 A 0 890 0.00 A 2019-03-05 Common Stock 890 890 D Stock Options 20.49 2018-03-05 4 M 0 1687 0.00 D 2016-03-02 2025-03-02 Common Stock 1687 6748 D Stock Options 20.05 2018-03-05 4 M 0 196 0.00 D 2015-03-07 2024-03-07 Common Stock 196 1170 D Stock Options 11.05 2018-03-05 4 M 0 1296 0.00 D 2013-12-12 2022-12-12 Common Stock 1296 0 D Stock Options 44.30 2018-03-06 4 M 0 2250 0.00 D 2018-03-02 2027-03-02 Common Stock 2250 9003 D Represents the exercise price of the Stock Options referenced in Table II and Mr. Kouninis' tax liability, which were paid by way of withholding by Pegasystems Inc. (the "Company") of shares of equal value. Represents the weighted average of the sale prices on March 5, 2018, ranging from $58.83 to $58.85. Represents the weighted average of the sale prices on March 6, 2018, ranging from $60.12 to $60.13. Does not include shares of common stock subject to unvested restricted stock units and options awards. Each restricted stock unit represents the right to receive, following vesting, one share of the Company's common stock. RSUs will vest 20% on March 5, 2019, with the remaining 80% vesting in equal quarterly installments over the remaining four years. Once vested, the shares of common stock are not subject to expiration. Stock options will vest 20% on March 5, 2019, with the remaining 80% vesting in equal quarterly installments over the remaining four years. 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, 2018. All RSUs vest 100% on March 5, 2019, subject to attainment of the CICP performance threshold funding for the year ending December 31, 2018. Options vested 20% on March 2, 2016, with the remaining 80% vesting in equal quarterly installments over the next four years. Options vested 20% on March 7, 2015, with the remaining 80% vesting in equal quarterly installments over the next four years. Options vested 20% on December 12, 2013, with the remaining 80% vesting in equal quarterly installments over the next four years. Options vest 20% on March 2, 2018, and the remaining 80% vest in equal quarterly installments over the remaining four years. /s/ Janet Mesrobian, Esq., Attorney-In-Fact for Efstathios Kouninis 2018-03-07