Filing Details
- Accession Number:
- 0001031404-11-000003
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2011-07-22 16:02:57
- Reporting Period:
- 2011-07-20
- Filing Date:
- 2011-07-22
- Accepted Time:
- 2011-07-22 16:02:57
- 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 |
|---|---|---|---|---|---|---|---|
| 1031404 | H David Benton | C/O Progress Software Corporation 14 Oak Park Drive Bedford MA 01730 | Vp And Corporate Controller | 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 | 2011-07-20 | 10,000 | $13.01 | 48,286 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2011-07-20 | 10,000 | $25.45 | 38,286 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2011-07-21 | 15,000 | $15.38 | 53,286 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2011-07-21 | 15,000 | $25.60 | 40,431 | 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 | Stock Option | Disposition | 2011-07-20 | 10,000 | $0.00 | 10,000 | $13.01 |
| Common Stock | Stock Option | Disposition | 2011-07-21 | 15,000 | $0.00 | 15,000 | $15.38 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 5,000 | 2015-10-15 | No | 4 | M | Direct | |
| 0 | 2013-05-21 | No | 4 | M | Direct |
Footnotes
- Includes 1,675 shares acquired through Issuer's Employee Stock Purchase Plan on March 31, 2011 and 470 shares acquired through Issuer's Employee Stock Purchase Plan on June 30, 2011.
- Eight -sixtieths (8/60) of the option vested on the date of grant, thereafter the option vests in equal monthly increments over a 52 month period commencing November 1, 2008.
- This option grant reflects an amended option grant where "old" options were cancelled and "new" options were issued as replacement options. The option was originally granted on May 22, 2006 with three-sixtieths (3/60) of the option vesting on the date of grant and in 57 equal monthly increments thereafter commencing June 1, 2006.
Billionaire Hedge Funds
