Home/Filings/4/0000876167-21-000022
4//SEC Filing

Murphy Anthony 4

Accession 0000876167-21-000022

CIK 0000876167other

Filed

Jan 20, 7:00 PM ET

Accepted

Jan 21, 4:11 PM ET

Size

10.3 KB

Accession

0000876167-21-000022

Insider Transaction Report

Form 4
Period: 2021-01-19
Murphy Anthony
Chief Information Officer
Transactions
  • Award

    Employee Stock Options

    2021-01-19+5,4065,406 total
    Exercise: $42.60Exp: 2028-01-18Common Stock (5,406 underlying)
  • Award

    Restricted Stock Units

    2021-01-19+1,7611,761 total
    Common Stock (1,761 underlying)
  • Award

    Restricted Stock Units

    2021-01-19+2,9352,935 total
    Common Stock (2,935 underlying)
Footnotes (4)
  • [F1]Each restricted stock unit represents a contingent right to receive one share of Progress Software Corporation's (the "Company's") common stock.
  • [F2]Represents restricted stock units granted to the Reporting Person 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.
  • [F3]The stock options vest in eight equal semiannual installments beginning on October 1, 2021, subject to the continued employment of the Reporting Person with the Company.
  • [F4]Represents performance-based restricted stock units granted to the Reporting Person pursuant to the Company's 2008 Stock Option and Incentive Plan. The restricted stock units vest on February 1, 2024, subject to the Company meeting total shareholder return and operating income criteria over the three-year period ending November 30, 2023, and the continued employment of the Reporting Person with the Company.

Issuer

PROGRESS SOFTWARE CORP /MA

CIK 0000876167

Entity typeother

Related Parties

1
  • filerCIK 0001750989

Filing Metadata

Form type
4
Filed
Jan 20, 7:00 PM ET
Accepted
Jan 21, 4:11 PM ET
Size
10.3 KB