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Filing Details

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
1041683	Richard Reidy	C/O Progress Software Corporation 14 Oak Park Bedford MA 01730	President And Ceo.	Yes	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
Common Stock	Acquisiton	2011-04-11	15,000	$11.62	131,221	No	4	M	Direct
Common Stock	Disposition	2011-04-11	15,000	$30.15	116,221	No	4	S	Direct
Common Stock	Disposition	2011-04-11	18,000	$30.15	98,221	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
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	2011-04-11	15,000	$0.00	15,000	$11.62

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
2,500		2011-10-09	No	4	S	Direct

Footnotes

The trading activity reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 8, 2011.
These three reported transactions involved an amendment of an outstanding option, resulting in the deemed cancellation of the "old" option and the deemed grant of two replacement options. The option was originally granted on October 10, 2001 and vested in 60 equal monthly increments of 833.3 shares commencing on March 1, 2001.