Filing Details

Accession Number:
0001449513-11-000001
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-02-17 12:14:20
Reporting Period:
2011-02-15
Filing Date:
2011-02-17
Accepted Time:
2011-02-17 12:14:20
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
1449513 G Gary Conway C/O Progress Software Corporation\
14 Oak Park
Bedford MA 01730
Evp, Chief Marketing Officer 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 Disposition 2011-02-15 4,802 $30.82 16,241 No 4 S Direct
Common Stock Acquisiton 2011-02-15 4,862 $11.37 21,103 No 4 M Direct
Common Stock Disposition 2011-02-15 4,862 $30.82 16,241 No 4 S Direct
Common Stock Acquisiton 2011-02-15 4,945 $14.29 21,186 No 4 M Direct
Common Stock Disposition 2011-02-15 4,945 $30.82 16,241 No 4 S Direct
Common Stock Acquisiton 2011-02-15 10,502 $19.47 26,743 No 4 M Direct
Common Stock Disposition 2011-02-15 10,502 $30.82 16,241 No 4 S Direct
Common Stock Acquisiton 2011-02-15 1,800 $21.32 18,041 No 4 M Direct
Common Stock Disposition 2011-02-15 1,800 $30.82 16,241 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
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 Acquisiton 2011-02-15 4,862 $0.00 4,862 $11.37
Common Stock Stock Option Acquisiton 2011-02-15 4,945 $0.00 4,945 $14.29
Common Stock Stock Option Acquisiton 2011-02-15 10,502 $0.00 10,502 $19.47
Common Stock Stock Option Acquisiton 2011-02-15 1,800 $0.00 1,800 $21.32
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
22,222 2016-01-14 No 4 M Direct
22,222 2016-07-15 No 4 M Direct
34,498 2017-01-14 No 4 M Direct
7,200 2017-04-26 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 7,014 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. The option vests in equal monthly increments over a 54 month period which commenced on the first day following the Reporting Person completing six months of service with Issuer.
  4. One-sixtieth (1/60) of the option was vested and exercisable on the grant date. The remaining options vest in 59 equal monthly increments commencing on February 1, 2010.
  5. Two-sixtieths (2/60) of the option were vested and exercisable on the grant date. The remaining options vest in 58 equal monthly increments commencing on May 1, 2010.