Filing Details
- Accession Number:
- 0000876167-22-000102
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2022-05-09 16:47:49
- Reporting Period:
- 2022-05-05
- Accepted Time:
- 2022-05-09 16:47:49
- 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 |
|---|---|---|---|---|---|---|---|
| 1906390 | Domenic Lococo | C/O Progress Software Corporation 15 Wayside Road, Suite 400 Burlington MA 01803 | Chief Accounting 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 | 2022-05-05 | 269 | $49.11 | 2,134 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2022-05-05 | 487 | $49.07 | 1,647 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2022-05-05 | 1,000 | $29.25 | 2,647 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2022-05-05 | 1,000 | $49.07 | 1,647 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | 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 (Right to buy) | Disposition | 2022-05-05 | 1,000 | $0.00 | 1,000 | $29.25 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 264 | 2024-02-16 | No | 4 | M | Direct |
Footnotes
- This transaction was executed in multiple trades at prices ranging from $48.97 to $49.50 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.
- Includes 385 shares of common stock acquired by the Reporting Person on March 31, 2022 through Progress Software Corporation's (the "Company's") Employee Stock Purchase Plan.
- This transaction was executed in multiple trades at prices ranging from $48.85 to $49.50 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.
- This transaction was executed in multiple trades at prices ranging from $48.95 to $49.50 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 February 17, 2017 under the Company's 2008 Stock Option and Incentive Plan. As of April 1, 2021, all options were vested and exercisable.
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