4//SEC Filing
QUINN GARY 4
Accession 0000876167-22-000021
CIK 0000876167other
Filed
Jan 23, 7:00 PM ET
Accepted
Jan 24, 5:03 PM ET
Size
10.3 KB
Accession
0000876167-22-000021
Insider Transaction Report
Form 4
QUINN GARY
Senior Vice President
Transactions
- Award
Employee Stock Options (Right to buy)
2022-01-20+18,640→ 18,640 totalExercise: $44.49Exp: 2029-01-19→ Common Stock (18,640 underlying) - Award
Restricted Stock Units
2022-01-20+6,744→ 6,744 total→ Common Stock (6,744 underlying) - Award
Restricted Stock Units
2022-01-20+11,239→ 11,239 total→ Common Stock (11,239 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, 2022, 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, 2022, 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, 2025, subject to the Company meeting total shareholder return and operating income criteria over the three-year period ending November 30, 2024, and the continued employment of the Reporting Person with the Company.
Documents
Issuer
PROGRESS SOFTWARE CORP /MA
CIK 0000876167
Entity typeother
Related Parties
1- filerCIK 0001188063
Filing Metadata
- Form type
- 4
- Filed
- Jan 23, 7:00 PM ET
- Accepted
- Jan 24, 5:03 PM ET
- Size
- 10.3 KB