Filing Details
- Accession Number:
- 0000876167-20-000031
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2020-01-31 16:05:21
- Reporting Period:
- 2020-01-29
- Accepted Time:
- 2020-01-31 16:05:21
- 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 | 2020-01-29 | 7,641 | $29.05 | 28,839 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2020-01-29 | 7,641 | $46.35 | 21,198 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2020-01-29 | 4,568 | $34.73 | 25,766 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2020-01-29 | 4,568 | $46.35 | 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 | 2020-01-29 | 7,641 | $0.00 | 7,641 | $29.05 |
| Common Stock | Employee Stock Options | Disposition | 2020-01-29 | 4,568 | $0.00 | 4,568 | $34.73 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 13,227 | 2024-03-30 | No | 4 | M | Direct | |
| 31,971 | 2026-01-21 | No | 4 | M | Direct |
Footnotes
- This transaction was executed in multiple trades at prices ranging from $46.300 to $46.435 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: 3,232 shares on April 1, 2019 and 4,409 shares on October 1, 2019.
- Options were granted to the Reporting Person on January 22, 2019 under the Company's 2008 Stock Option and Incentive Plan and vested on October 1, 2019.
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