Filing Details

Accession Number:
0001300700-11-000002
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-02-03 15:56:42
Reporting Period:
2011-02-01
Filing Date:
2011-02-03
Accepted Time:
2011-02-03 15:56:42
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
1300700 James Freedman C/O Progress Software Corporation
14 Oak Park Drive
Bedford MA 01730
Senior Vp & General Counsel 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 2011-02-01 10,652 $16.67 25,599 No 4 M Direct
Common Stock Disposition 2011-02-01 10,652 $29.99 14,947 No 4 S Direct
Common Stock Acquisiton 2011-02-01 375 $15.38 15,322 No 4 M Direct
Common Stock Disposition 2011-02-01 375 $29.99 14,947 No 4 S Direct
Common Stock Acquisiton 2011-02-01 375 $13.00 15,322 No 4 M Direct
Common Stock Disposition 2011-02-01 375 $29.99 14,947 No 4 S Direct
Common Stock Acquisiton 2011-02-01 298 $14.67 15,245 No 4 M Direct
Common Stock Disposition 2011-02-01 298 $29.99 14,947 No 4 S Direct
Common Stock Acquisiton 2011-02-01 300 $15.93 15,247 No 4 M Direct
Common Stock Disposition 2011-02-01 300 $29.99 14,947 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 M 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 2011-02-01 375 $0.00 375 $15.38
Common Stock Stock Option Disposition 2011-02-01 10,652 $0.00 10,652 $16.67
Common Stock Stock Option Disposition 2011-02-01 375 $0.00 375 $13.00
Common Stock Stock Option Disposition 2011-02-01 298 $0.00 298 $14.67
Common Stock Stock Option Disposition 2011-02-01 300 $0.00 300 $15.93
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2013-05-21 No 4 M Direct
1,044 2013-09-19 No 4 M Direct
9,000 2015-10-15 No 4 M Direct
10,710 2016-05-11 No 4 M Direct
10,800 2016-10-15 No 4 M Direct
Footnotes
  1. This share amount has been adjusted to reflect the Issuer's 3-for-2 stock split which was completed on January 28, 2011, resulting in the Reporting Person's ownership of 4,982 additional shares of common stock.
  2. The exercise price and number of underlying securities have been adjusted as a result of the 3-for-2 stock split completed by the Issuer on January 28, 2011.
  3. 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, 2006.
  4. Seven-sixtieths (7/60) of the options were vested and exercisable on the grant date. The remaining options vest in 52 equal monthly increments commencing on October 1, 2006.
  5. 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, 2008.
  6. Three-sixtieths (3/60) of the options were vested and exercisable on the grant date. The remaining options vest in 57 equal monthly increments commencing on June 1, 2009.
  7. 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.