4//SEC Filing
FABERMAN STEPHEN H 4
Accession 0000876167-21-000144
CIK 0000876167other
Filed
Oct 4, 8:00 PM ET
Accepted
Oct 5, 5:18 PM ET
Size
25.1 KB
Accession
0000876167-21-000144
Insider Transaction Report
Form 4
FABERMAN STEPHEN H
VP and General Counsel
Transactions
- Exercise/Conversion
Common Stock
2021-10-01+939→ 94,642 total - Exercise/Conversion
Common Stock
2021-10-01+1,008→ 93,703 total - Exercise/Conversion
Common Stock
2021-10-01+644→ 92,968 total - Tax Payment
Common Stock
2021-10-01$49.67/sh−273$13,559→ 92,695 total - Exercise/Conversion
Common Stock
2021-10-01+742→ 94,018 total - Tax Payment
Common Stock
2021-10-01$49.67/sh−315$15,645→ 93,703 total - Tax Payment
Common Stock
2021-10-01$49.67/sh−398$19,768→ 94,244 total - Exercise/Conversion
Restricted Stock Units
2021-10-01−1,008→ 1,008 total→ Common Stock (1,008 underlying) - Tax Payment
Common Stock
2021-10-01$49.67/sh−427$21,208→ 93,276 total - Exercise/Conversion
Restricted Stock Units
2021-10-01−644→ 0 total→ Common Stock (644 underlying) - Exercise/Conversion
Restricted Stock Units
2021-10-01−742→ 2,227 total→ Common Stock (742 underlying) - Exercise/Conversion
Restricted Stock Units
2021-10-01−939→ 4,695 total→ Common Stock (939 underlying)
Footnotes (10)
- [F1]Restricted stock units convert into common stock on a one-for-one basis.
- [F10]On January 19, 2021, the Reporting Person was granted 5,634 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, 2021, subject to the continued employment of the Reporting Person with the Company.
- [F2]Includes 780 shares of common stock acquired by the Reporting Person through Progress Software Corporation's (the "Company's") Employee Stock Purchase Plan: 675 shares on March 31, 2021 and 105 shares on June 30, 2021.
- [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 October 15, 2018.
- [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 22, 2019.
- [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 21, 2020.
- [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 January 19, 2021.
- [F7]On October 15, 2018, the Reporting Person was granted 3,860 restricted stock units pursuant to the Company's 2008 Stock Option and Incentive Plan. One-third of the restricted stock units vest beginning October 1, 2019 and the remaining restricted stock units vest in four equal semiannual installments beginning April 1, 2020, subject to the continued employment of the Reporting Person with the Company.
- [F8]On January 22, 2019, the Reporting Person was granted 6,047 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.
- [F9]On January 21, 2020, the Reporting Person was granted 4,453 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, 2020, subject to the continued employment of the Reporting Person with the Company.
Documents
Issuer
PROGRESS SOFTWARE CORP /MA
CIK 0000876167
Entity typeother
Related Parties
1- filerCIK 0001270656
Filing Metadata
- Form type
- 4
- Filed
- Oct 4, 8:00 PM ET
- Accepted
- Oct 5, 5:18 PM ET
- Size
- 25.1 KB