Jalbert Paul A 4

4 · PROGRESS SOFTWARE CORP /MA · Filed Jan 31, 2020

Form 4

Period: 2020-01-29

VP & CAO

Transactions

Exercise/Conversion
Common Stock
2020-01-29$29.05/sh+7,641$221,971→ 28,839 total
Exercise/Conversion
Common Stock
2020-01-29$34.73/sh+4,568$158,647→ 25,766 total
Sale
Common Stock
2020-01-29$46.35/sh−4,568$211,727→ 21,198 total
Exercise/Conversion
Employee Stock Options
2020-01-29−4,568→ 31,971 total
Exercise: $34.73Exp: 2026-01-21→ Common Stock (4,568 underlying)
Sale
Common Stock
2020-01-29$46.35/sh−7,641$354,160→ 21,198 total
Exercise/Conversion
Employee Stock Options
2020-01-29−7,641→ 13,227 total
Exercise: $29.05Exp: 2024-03-30→ Common Stock (7,641 underlying)

Footnotes (3)

[F1]This transaction was executed in multiple trades at prices ranging from $46.300 to $46.435 per share. The price reported represents the weighted average sale price of these trades. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the shares sold at each separate price.
[F2]Options were granted to the Reporting Person on March 31, 2017 under Progress Software Corporation's (the "Company's") 2008 Stock Option and Incentive Plan and vested as follows: 3,232 shares on April 1, 2019 and 4,409 shares on October 1, 2019.
[F3]Options were granted to the Reporting Person on January 22, 2019 under the Company's 2008 Stock Option and Incentive Plan and vested on October 1, 2019.

Documents

1 file