Home > Insider Trading > Filing (0000876167-22-000182)

Filing Details

Accession Number:: 0000876167-22-000182
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2022-10-05 17:00:15
Reporting Period:: 2022-10-03

Accepted Time:: 2022-10-05 17:00:15
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
1813585	Jeremy Segal	C/O Progress Software Corporation 15 Wayside Road, Suite 400 Burlington MA 01803	Evp, Corporate Development	No	Yes	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2022-10-03	1,284	$0.00	1,284	No	4	M	Direct
Common Stock	Disposition	2022-10-03	557	$42.81	727	No	4	F	Direct
Common Stock	Acquisiton	2022-10-03	939	$0.00	1,666	No	4	M	Direct
Common Stock	Disposition	2022-10-03	408	$42.81	1,258	No	4	F	Direct
Common Stock	Acquisiton	2022-10-03	1,124	$0.00	2,382	No	4	M	Direct
Common Stock	Disposition	2022-10-03	488	$42.81	1,894	No	4	F	Direct
Common Stock	Disposition	2022-10-03	1,258	$43.82	636	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	F	Direct
No	4	M	Direct
No	4	F	Direct
No	4	M	Direct
No	4	F	Direct
No	4	S	Direct

Reported Derivative Transactions

Show Other Fields >>

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Restricted Stock Units	Disposition	2022-10-03	1,284	$0.00	1,284	$0.00
Common Stock	Restricted Stock Units	Disposition	2022-10-03	939	$0.00	939	$0.00
Common Stock	Restricted Stock Units	Disposition	2022-10-03	1,124	$0.00	1,124	$0.00

Remaning Holdings	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
2,569	No	4	M	Direct
2,817	No	4	M	Direct
5,620	No	4	M	Direct

Footnotes

Restricted stock units convert into common stock on a one-for-one basis.
Represents shares of common stock withheld by Progress Software Corporation (the "Company") to pay the tax withholding obligations of the Reporting Person upon the vesting of restricted stock units granted to the Reporting Person on June 29, 2020.
Represents shares of common stock withheld by the Company to pay the tax withholding obligations of the Reporting Person upon the vesting of restricted stock units granted to the Reporting Person on January 19, 2021.
Represents shares of common stock withheld by the Company to pay the tax withholding obligations of the Reporting Person upon the vesting of restricted stock units granted to the Reporting Person on January 20, 2022.
This trade was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 17, 2021.
On June 29, 2020, the Reporting Person was granted 7,705 restricted stock units pursuant to the Company's 2008 Stock Option and Incentive Plan. The restricted stock units vest in six equal semiannual installments beginning April 1, 2021, subject to the continued employment of the Reporting Person with the Company.
On January 19, 2021, the Reporting Person was granted 5,634 restricted stock units pursuant to the Company's 2008 Stock Option and Incentive Plan. The restricted stock units vest in six equal semiannual installments beginning October 1, 2021, subject to the continued employment of the Reporting Person with the Company.
On January 20, 2022, the Reporting Person was granted 6,744 restricted stock units pursuant to the Company's 2008 Stock Option and Incentive Plan. The restricted stock units vest in six equal semiannual installments beginning October 1, 2022, subject to the continued employment of the Reporting Person with the Company.