Filing Details
- Accession Number:
- 0001619688-15-000002
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2015-02-19 15:55:09
- Reporting Period:
- 2015-02-17
- Filing Date:
- 2015-02-19
- Accepted Time:
- 2015-02-19 15:55:09
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 876167 | Progress Software Corp | PRGS | Services-Prepackaged Software (7372) | 042746201 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1619688 | Michael Benedict | C/O Progress Software Corporation 14 Oak Park Drive Bedford MA 01730 | Pres, Business Unit Executive | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2015-02-17 | 849 | $19.96 | 21,788 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2015-02-17 | 849 | $26.65 | 20,939 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2015-02-17 | 300 | $13.01 | 21,239 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2015-02-17 | 300 | $26.65 | 20,939 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2015-02-17 | 360 | $14.67 | 21,299 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2015-02-17 | 360 | $26.65 | 20,939 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2015-02-17 | 5,160 | $15.93 | 26,099 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2015-02-17 | 5,160 | $26.65 | 20,939 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2015-02-17 | 13,638 | $26.65 | 7,301 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Stock Option | Disposition | 2015-02-17 | 849 | $0.00 | 849 | $19.96 |
| Common Stock | Stock Option | Disposition | 2015-02-17 | 300 | $0.00 | 300 | $13.01 |
| Common Stock | Stock Option | Disposition | 2015-02-17 | 360 | $0.00 | 360 | $14.67 |
| Common Stock | Stock Option | Disposition | 2015-02-17 | 5,160 | $0.00 | 5,160 | $15.93 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2015-04-23 | No | 4 | M | Direct | |
| 0 | 2015-10-15 | No | 4 | M | Direct | |
| 0 | 2016-05-11 | No | 4 | M | Direct | |
| 0 | 2016-10-15 | No | 4 | M | Direct |
Footnotes
- This option grant reflects an amended option grant where "old" options were cancelled and "new" options were issued as replacement options. The option was originally granted on September 27, 2004 with seven-sixtieths (7/60) of the options vesting on the grant date and the remaining options vested in 53 equal monthly increments commencing on October 1, 2004.
- Eight-sixtieths (8/60) of the options were vested and exercisable on the grant date. The remaining options vested in 52 equal monthly increments commencing on November 1, 2008.
- Three-sixtieths (3/60) of the options were vested and exercisable on the grant date. The remaining options vested in 57 equal monthly increments commencing on June 1, 2009.
- Eight-sixtieths (8/60) of the options were vested and exercisable on the grant date. The remaining options vest in 52 equal monthly increments commencing on November 1, 2009.
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