4//SEC Filing
DACIER PAUL T 4
Accession 0000876167-20-000106
CIK 0000876167other
Filed
Jun 30, 8:00 PM ET
Accepted
Jul 1, 4:29 PM ET
Size
5.4 KB
Accession
0000876167-20-000106
Insider Transaction Report
Form 4
DACIER PAUL T
Director
Transactions
- Award
Common Stock
2020-06-29$38.94/sh+5,137$200,035→ 30,780 total
Footnotes (1)
- [F1]Represents deferred stock units issued to the Reporting Person by Progress Software Corporation (the "Company") as the fiscal year 2020 equity retainer for the Reporting Person's services as a director of the Company during such period. These deferred stock units were issued in accordance with the Company's FY20 Director Compensation Plan pursuant to the Company's 2008 Stock Option and Incentive Plan and are payable on a one-for-one basis exclusively in common stock on the earlier of a change in control of the Company or the date the Reporting Person terminates service on the board of directors of the Company (the "Board of Directors"). The deferred stock units will vest on the date of the Company's 2021 Annual Meeting of Stockholders, subject to the Reporting Person's continued service on the Board of Directors until such date.
Documents
Issuer
PROGRESS SOFTWARE CORP /MA
CIK 0000876167
Entity typeother
Related Parties
1- filerCIK 0001189870
Filing Metadata
- Form type
- 4
- Filed
- Jun 30, 8:00 PM ET
- Accepted
- Jul 1, 4:29 PM ET
- Size
- 5.4 KB