<SEC-DOCUMENT>0001013857-21-000056.txt : 20210304
<SEC-HEADER>0001013857-21-000056.hdr.sgml : 20210304
<ACCEPTANCE-DATETIME>20210304175717
ACCESSION NUMBER:		0001013857-21-000056
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20210302
FILED AS OF DATE:		20210304
DATE AS OF CHANGE:		20210304

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:		21715624

	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
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
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            <rptOwnerState>MA</rptOwnerState>
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    <footnotes>
        <footnote id="F1">Represents a 5% vesting on March 2, 2021. The original grant was 3,410 restricted stock units, with 20% vesting on March 2, 2018, and the remaining 80% vesting in equal quarterly installments over the remaining four years.</footnote>
        <footnote id="F2">Represents 100% vesting on March 3, 2021. The original grant was 1,195 restricted stock units, which were granted on March 3, 2020. As part of the Company's 2020 Corporate Incentive Compensation Plan(CICP), Mr. Kouninis elected to receive half of his annual bonus in RSUs.</footnote>
        <footnote id="F3">Represents 20% vesting on March 3, 2021. The original grant was 1,533 restricted stock units, with the remaining 80% vesting in equal quarterly installments over the next four years.</footnote>
        <footnote id="F4">Does not include shares of common stock subject to unvested restricted stock units and/or options awards.</footnote>
        <footnote id="F5">Each restricted stock unit represents the right to receive, following vesting, one share of the issuer's common stock.</footnote>
        <footnote id="F6">Once vested, the shares of common stock are not subject to expiration.</footnote>
        <footnote id="F7">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 2, 2021. All RSUs vest 100% on March 2, 2022, subject to attainment of the CICP performance threshold funding for the year ending December 31, 2021.</footnote>
        <footnote id="F8">RSUs will vest 20% on March 2, 2022, with the remaining 80% vesting in equal quarterly installments over the remaining four years.</footnote>
        <footnote id="F9">Options will vest 20% on March 2, 2022, with the remaining 80% vesting in equal quarterly installments over the remaining four years.</footnote>
    </footnotes>

    <remarks></remarks>

    <ownerSignature>
        <signatureName>/s/ Donald L. Lancaster, Attorney-in-Fact for Efstathios A. Kouninis</signatureName>
        <signatureDate>2021-03-04</signatureDate>
    </ownerSignature>
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</SEC-DOCUMENT>
