Filing Details

Accession Number:
0001041683-11-000003
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-04-13 15:37:03
Reporting Period:
2011-04-11
Filing Date:
2011-04-13
Accepted Time:
2011-04-13 15:37:03
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
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 Explanation
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 Explanation
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
  1. 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.
  2. 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.