Ortiz Jennifer 4
4 · PROGRESS SOFTWARE CORP /MA · Filed May 18, 2022
Insider Transaction Report
Form 4
Ortiz Jennifer
EVP, Corporate Marketing
Transactions
- Exercise/Conversion
Common Stock
2022-05-16$29.25/sh+1,254$36,680→ 6,136 total - Sale
Common Stock
2022-05-16$46.45/sh−1,254$58,248→ 4,882 total - Exercise/Conversion
Employee Stock Options (Right to buy)
2022-05-16−1,254→ 1,268 totalExercise: $29.25Exp: 2024-02-16→ Common Stock (1,254 underlying)
Footnotes (3)
- [F1]Includes 337 shares of common stock acquired by the Reporting Person on March 31, 2022 through Progress Software Corporation's (the "Company's") Employee Stock Purchase Plan.
- [F2]The trading activity reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 19, 2021.
- [F3]Options were granted to the Reporting Person on February 17, 2017 under the Company's 2008 Stock Option and Incentive Plan. As of April 1, 2021, all options were vested and exercisable.