4//SEC Filing
QUINN GARY 4
Accession 0000876167-22-000087
CIK 0000876167other
Filed
Apr 4, 8:00 PM ET
Accepted
Apr 5, 5:23 PM ET
Size
22.7 KB
Accession
0000876167-22-000087
Insider Transaction Report
Form 4
QUINN GARY
Senior Vice President
Transactions
- Exercise/Conversion
Restricted Stock Units
2022-04-01−1,056→ 4,227 total→ Common Stock (1,056 underlying) - Exercise/Conversion
Common Stock
2022-04-01+848→ 18,307 total - Exercise/Conversion
Common Stock
2022-04-01+1,056→ 18,947 total - Exercise/Conversion
Restricted Stock Units
2022-04-01−1,008→ 0 total→ Common Stock (1,008 underlying) - Exercise/Conversion
Common Stock
2022-04-01+1,008→ 17,953 total - Tax Payment
Common Stock
2022-04-01$46.94/sh−494$23,189→ 17,459 total - Tax Payment
Common Stock
2022-04-01$46.94/sh−518$24,315→ 18,429 total - Tax Payment
Common Stock
2022-04-01$46.94/sh−416$19,527→ 17,891 total - Exercise/Conversion
Restricted Stock Units
2022-04-01−848→ 1,698 total→ Common Stock (848 underlying)
Footnotes (7)
- [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]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.
- [F6]On January 21, 2020, the Reporting Person was granted 5,090 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.
- [F7]On January 19, 2021, the Reporting Person was granted 6,339 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.
Issuer
PROGRESS SOFTWARE CORP /MA
CIK 0000876167
Entity typeother
Related Parties
1- filerCIK 0001188063
Filing Metadata
- Form type
- 4
- Filed
- Apr 4, 8:00 PM ET
- Accepted
- Apr 5, 5:23 PM ET
- Size
- 22.7 KB