Jalbert Paul A 4
4 · PROGRESS SOFTWARE CORP /MA · Filed Oct 3, 2019
Insider Transaction Report
Form 4
Jalbert Paul A
VP & CAO
Transactions
- Tax Payment
Common Stock
2019-10-01$38.30/sh−570$21,834→ 20,115 total - Exercise/Conversion
Restricted Stock Units
2019-10-01−1,312→ 3,936 total→ Common Stock (1,312 underlying) - Exercise/Conversion
Common Stock
2019-10-01+1,722→ 20,121 total - Exercise/Conversion
Restricted Stock Units
2019-10-01−1,722→ 1,722 total→ Common Stock (1,722 underlying) - Exercise/Conversion
Restricted Stock Units
2019-10-01−1,914→ 9,575 total→ Common Stock (1,914 underlying) - Tax Payment
Common Stock
2019-10-01$38.30/sh−748$28,652→ 19,373 total - Exercise/Conversion
Common Stock
2019-10-01+1,312→ 20,685 total - Exercise/Conversion
Common Stock
2019-10-01+1,914→ 22,029 total - Tax Payment
Common Stock
2019-10-01$38.30/sh−831$31,831→ 21,198 total
Footnotes (8)
- [F1]Restricted stock units convert into common stock on a one-for-one basis.
- [F2]Includes 704 shares of common stock acquired by the Reporting Person through Progress Software Corporation's (the "Company's") Employee Stock Purchase Plan on March 31, 2019.
- [F3]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 March 31, 2017.
- [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 January 12, 2018
- [F5]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 22, 2019.
- [F6]On March 31, 2017, the Reporting Person was granted 10,328 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.
- [F7]On January 12, 2018, the Reporting Person was granted 7,872 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.
- [F8]On January 22, 2019, the Reporting Person was granted 11,489 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, 2019, subject to the continued employment of the Reporting Person with the Company.