4//SEC Filing
Sweis Faris 4
Accession 0000876167-19-000055
CIK 0000876167other
Filed
Apr 2, 8:00 PM ET
Accepted
Apr 3, 4:12 PM ET
Size
36.1 KB
Accession
0000876167-19-000055
Insider Transaction Report
Form 4
Sweis Faris
Senior Vice President
Transactions
- Exercise/Conversion
Common Stock
2019-04-01+350→ 43,202 total - Tax Payment
Common Stock
2019-04-01$44.57/sh−83$3,699→ 43,119 total - Tax Payment
Common Stock
2019-04-01$44.57/sh−31$1,382→ 43,533 total - Tax Payment
Common Stock
2019-04-01$44.57/sh−292$13,013→ 44,438 total - Tax Payment
Common Stock
2019-04-01$44.57/sh−22$980→ 43,184 total - Exercise/Conversion
Common Stock
2019-04-01+336→ 43,520 total - Tax Payment
Common Stock
2019-04-01$44.57/sh−82$3,654→ 43,438 total - Exercise/Conversion
Common Stock
2019-04-01+126→ 43,564 total - Exercise/Conversion
Common Stock
2019-04-01+1,197→ 44,730 total - Exercise/Conversion
Restricted Stock Units
2019-04-01−336→ 337 total→ Common Stock (336 underlying) - Exercise/Conversion
Common Stock
2019-04-01+87→ 43,206 total - Exercise/Conversion
Common Stock
2019-04-01+690→ 45,128 total - Tax Payment
Common Stock
2019-04-01$44.57/sh−169$7,532→ 44,959 total - Exercise/Conversion
Restricted Stock Units
2019-04-01−350→ 0 total→ Common Stock (350 underlying) - Exercise/Conversion
Restricted Stock Units
2019-04-01−87→ 0 total→ Common Stock (87 underlying) - Exercise/Conversion
Restricted Stock Units
2019-04-01−126→ 0 total→ Common Stock (126 underlying) - Exercise/Conversion
Restricted Stock Units
2019-04-01−1,197→ 2,394 total→ Common Stock (1,197 underlying) - Exercise/Conversion
Restricted Stock Units
2019-04-01−690→ 2,763 total→ Common Stock (690 underlying)
Footnotes (13)
- [F1]Restricted stock units convert into common stock on a one-for-one basis.
- [F10]On July 1, 2016, the Reporting Person was granted 2,017 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, 2017, subject to the continued employment of the Reporting Person with the Company.
- [F11]On July 1, 2016, the Reporting Person was granted 3,025 performance-based restricted stock units pursuant to the Company's 2008 Stock Option and Incentive Plan. One-third of the restricted stock units vest beginning April 1, 2017 and the remaining restricted stock units vest in four equal semiannual installments beginning October 1, 2017, subject to the Company meeting earnings per share criteria for the fiscal year ending November 30, 2016, and the continued employment of the Reporting Person with the Company
- [F12]On February 17, 2017, the Reporting Person was granted 7,180 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, 2017, subject to the continued employment of the Reporting Person with the Company.
- [F13]On January 12, 2018, the Reporting Person was granted 4,143 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, 2018, subject to the continued employment of the Reporting Person with the Company.
- [F2]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 January 18, 2016.
- [F3]Represents shares of common stock withheld by the Company to pay the tax withholding obligations of the Reporting Person upon the vesting of performance-based restricted stock units granted to the Reporting Person on January 18, 2016
- [F4]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 July 1, 2016.
- [F5]Represents shares of common stock withheld by the Company to pay the tax withholding obligations of the Reporting Person upon the vesting of performance-based restricted stock units granted to the Reporting Person on July 1, 2016.
- [F6]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 February 17, 2017.
- [F7]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 12, 2018.
- [F8]On January 18, 2016, the Reporting Person was granted 2,097 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, 2016, subject to the continued employment of the Reporting Person with the Company.
- [F9]On January 18, 2016, the Reporting Person was granted 2,097 performance-based restricted stock units pursuant to the Company's 2008 Stock Option and Incentive Plan. One-third of the restricted stock units vest beginning April 1, 2017 and the remaining restricted stock units vest in four equal semiannual installments beginning October 1, 2017, subject to the Company meeting earnings per share criteria for the fiscal year ending November 30, 2016, and the continued employment of the Reporting Person with the Company.
Documents
Issuer
PROGRESS SOFTWARE CORP /MA
CIK 0000876167
Entity typeother
Related Parties
1- filerCIK 0001750313
Filing Metadata
- Form type
- 4
- Filed
- Apr 2, 8:00 PM ET
- Accepted
- Apr 3, 4:12 PM ET
- Size
- 36.1 KB