4//SEC Filing
FABERMAN STEPHEN H 4
Accession 0000876167-22-000081
CIK 0000876167other
Filed
Apr 4, 8:00 PM ET
Accepted
Apr 5, 5:20 PM ET
Size
24.7 KB
Accession
0000876167-22-000081
Insider Transaction Report
Form 4
FABERMAN STEPHEN H
VP and General Counsel
Transactions
- Exercise/Conversion
Common Stock
2022-04-01+1,008→ 103,025 total - Tax Payment
Common Stock
2022-04-01$46.94/sh−330$15,491→ 102,989 total - Exercise/Conversion
Restricted Stock Units
2022-04-01−742→ 1,485 total→ Common Stock (742 underlying) - Exercise/Conversion
Restricted Stock Units
2022-04-01−18,845→ 37,691 total→ Common Stock (18,845 underlying) - Tax Payment
Common Stock
2022-04-01$46.94/sh−417$19,574→ 103,511 total - Tax Payment
Common Stock
2022-04-01$46.94/sh−8,358$392,333→ 113,998 total - Exercise/Conversion
Restricted Stock Units
2022-04-01−939→ 3,756 total→ Common Stock (939 underlying) - Tax Payment
Common Stock
2022-04-01$46.94/sh−448$21,030→ 102,577 total - Exercise/Conversion
Common Stock
2022-04-01+742→ 103,319 total - Exercise/Conversion
Common Stock
2022-04-01+939→ 103,928 total - Exercise/Conversion
Common Stock
2022-04-01+18,845→ 122,356 total - Exercise/Conversion
Restricted Stock Units
2022-04-01−1,008→ 0 total→ Common Stock (1,008 underlying)
Footnotes (9)
- [F1]Restricted stock units convert into common stock on a one-for-one basis.
- [F2]Represents shares of common stock withheld by Progress Software Corporation (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.
- [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 January 21, 2020.
- [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 19, 2021.
- [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 May 3, 2021.
- [F6]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.
- [F7]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.
- [F8]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.
- [F9]On May 3, 2021, the Reporting Person was granted 56,536 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 April 1, 2022, 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
- Apr 4, 8:00 PM ET
- Accepted
- Apr 5, 5:20 PM ET
- Size
- 24.7 KB