Filing Details
- Accession Number:
- 0000876167-20-000024
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2020-01-24 16:10:19
- Reporting Period:
- 2020-01-22
- Accepted Time:
- 2020-01-24 16:10:19
- 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 |
|---|---|---|---|---|---|---|---|
| 1306044 | A Paul Jalbert | C/O Progress Software Corporation 14 Oak Park Drive Bedford MA 01730 | Chief Financial 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 | Acquisiton | 2020-01-22 | 13,698 | $29.05 | 34,896 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2020-01-22 | 13,698 | $48.16 | 21,198 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2020-01-23 | 708 | $29.05 | 21,906 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2020-01-23 | 708 | $48.00 | 21,198 | 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 |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Employee Stock Options | Disposition | 2020-01-22 | 13,698 | $0.00 | 13,698 | $29.05 |
| Common Stock | Employee Stock Options | Disposition | 2020-01-23 | 708 | $0.00 | 708 | $29.05 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 21,576 | 2024-03-30 | No | 4 | M | Direct | |
| 20,868 | 2024-03-30 | No | 4 | M | Direct |
Footnotes
- This transaction was executed in multiple trades at prices ranging from $48.00 to $48.24 per share. The price reported represents the weighted average sale price of these trades. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the shares sold at each separate price.
- Options were granted to the Reporting Person on March 31, 2017 under Progress Software Corporation's (the "Company's") 2008 Stock Option and Incentive Plan and vested as follows: 4,410 shares on October 1, 2017; 4,410 shares on April 1, 2018, 4,409 shares on October 1, 2018; and 469 shares on April 1, 2019.
- Options were granted to the Reporting Person on March 31, 2017 under the Company's 2008 Stock Option and Incentive Plan and vested on April 1, 2019.
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